© 2023 by Hispanic Business Alliance

Facts About Hispanics

There’s a growing interest in all things Latin, be it in trade, research, sports, culture, fashion or cinema. With over 80 years in Canada, our influence is on the rise. Canadian companies in the region are highly visible in the resource extraction, financial, industrial and agricultural sectors. Our universities have extensive academic partnerships with the region. The knowledge and skills of Hispanic Canadians is essential to companies seeking business abroad. In modern times, there have been five major Hispanic immigration waves to Canada, the largest and most recent since 1990 known as ‘Professional wave’. The “2019 Profile of the Hispanic* Community in Canada` based on the census 2016 and requested by the Canadian Hispanic Congress indicates that:
In 2016, there were 1,054,670 Hispanics in Canada (3.1% of the population in Canada).
995,255 people living in the country could conduct a conversation in Spanish
Close to half of Canada’s GDP depends on exports, of which less than 80% goes to the U.S. Spanish-speaking countries represent a growing market
Hispanics are approximately ten years younger and more likely to be university-educated than other Canadians
Hispanic’s median employment income was lower than that of the total population. Hispanic men earned $35,403 vs $39,827 for the total population; Hispanic women earned $24,445 vs $28,504 for the total population
Spanish is the fifth most spoken language in Canada after English and French
According to Instituto Cervantes, 437 million people speak Spanish as a native language, making it the second most spoken language in the world behind Chinese with 1.2 billion speakers, and ahead of English with 360 million native speakers.