A new report from Vancity on Wednesday suggests the incoming wave of Syrian refugees to Canada will indeed take from the system, but they will also give back.
About 2,500 refugees are expected to arrive in B.C. by February.
“Not only are we doing something on the humanitarian basis, but actually they’ll end up being important contributors to our local economy and local culture.”
Vancity senior vice-president Linda Morris says the contribution in 20 years works out to $563 million.
“They tend to buy locally in the area they live, so again, economic contribution to small stores and local businesses. Their children will go through the school system. They’ll consume products and need services.”
Vancity is launching services to help refugees when they settle, as well as a new loan program for existing members who want to renovate their homes to sponsor refugees.