brain drain - TheU.S.A'sfamous'greencard(). .S.A.,,...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
The U.S.A.'s famous 'green card' (alien registration receipt card) has not been green since 1964. Originally issued on white paper to all non- citizens living in the U.S.A. during the Second World War, the form was prepared on green paper from 1951 to 64, then in a variety of colors,  including pale blue, dark blue and rose-pink.  Source:  U.S. Immigration and Naturalization Service   The Canadian dollar reached a post-war high against the  U.S. greenback on August 20, 1957. On that date, one  Canadian dollar was worth US $1.06.  Source:  Bank of Canada   In the 1990's Canada gained four university graduates from abroad for every one it lost to the United States. However, Canadians who moved  to the United States were more than twice as likely to hold a university degree than immigrants to Canada. The greater overall number of  immigrants explains the brain gain.  Source:  Education Quarterly Review, Statcan, May 2000   Since 1970, 601,000 people from Canada (population 29.5  million) have emigrated to the United States. During the  same period, 635,000 people from the Dominican Republic  (population 7.8 million) emigrated to the United States.  Source:  Center for Immigration Studies   Percentage of graduates of Indian Institute of Technology who move to the U.S.A. - 40 to 50.  Number of I.I.T. grads currently in U.S.A. - 20,000 or almost 20 per cent of total I.I.T. grads since it was founded in 1940.  I.I.T. was the brainchild of India's first prime minister, Jawaharlal Nehru, and was modeled after the Massachusetts Institute of Technology with  six campuses located in Kharagpur, Kanpur, Bombay, Madras and Guwahati.  Source:  Salon Books   Individuals earning more than $150,000 a year were seven  times as likely to leave Canada as the average taxpayer.  Those who had incomes between $100,000 and $150,000  were five times as likely to move.  Source:  Education Quarterly Review, Statcan, May 2000   Tax Freedom Day for Canada in 2000 occurs on June 30. The Fraser Institute calculates Tax Freedom Day as the day of the year when  Canadians finally start working for themselves. The Institute notes that Canadians work until on June 29 "to pay the total tax bill imposed by all  levels of government."  Americans celebrate Tax Freedom Day on May 3rd.  Tax Freedom Day for each province varies according to provincial taxes. It comes earlier in the Atlantic Provinces because a large share of  their revenue comes from the other provinces via the federal government.  Newfoundland - May 30  Nova Scotia - June 17  Manitoba - June 27  P.E.I. - June 9  Alberta - June 19  Saskatchewan - July 6 
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
New Brunswick - June 10 
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern