Attracting higher-educated individuals from other countries is a cost-effective way of supplying the labour market with talent. Canada has been very successful in attracting talent from abroad and in providing good education to children of migrants.
More than 45% of the foreign-born population in Canada has a tertiary degree – the highest rate among OECD countries. This success is even more remarkable as many other counties offer much better income prospects for highly skilled migrants than Canada does. OECD has rated Canada as the #1 most educated country in the world. Other countries, according to OECD are as under:
The 10 most educated countries in the world
(Pct. population with post secondary education is stated against each country)
10. Finland 37%
9. Australia 37%
8. United Kingdom37%
7. Norway37%
6. South Korea39%
5. New Zealand40%
4. United States41%
3. Japan44%
2. Israel45%
1. Canada50%
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