Canadian-born families continued to hold about twice the median wealth of recent immigrant families in both 2016 and 2023, Statistics Canada reports , with the gap especially pronounced when the primary income earner lacks a university degree. Over the same period, established immigrant families increased their wealth and, by 2023, moved ahead of comparable Canadian-born families. Home equity remained the biggest driver of net worth across groups, while pension assets stayed

Canadian-born families continued to hold about twice the median wealth of recent immigrant families in both 2016 and 2023, Statistics Canada reports , with the gap especially pronounced when the primary income earner lacks a university degree. Over the same period, established immigrant families increased their wealth and, by 2023, moved ahead of comparable Canadian-born families. Home equity remained the biggest driver of net worth across groups, while pension assets stayed