money transfer services Canada
A much faster, cheaper and safe way to send money. From Canada to Nigeria. From Nigeria to Canada. Myfx is 10X cheaper and 3X faster than your local bank. We are a FINTRAC regulated company, join us today and enjoy amazing rates with zero fees and no hidden charges. Remittance Trends in Canada Recently new government data showed that about 4 in 10 Canadians wire money back home to family and/or friends. The majority of these funds are going to the Philippines and Haiti. Of the immigrants who entered Canada during 2000-2001, 41 percent say they have sent money at least once in their first your years, according to Canadian statistics. The average amount sent was $2,500 within the first two years and $2,900 within 2-4 years. This government data, the first to measure the activity of remittances in Canada, comes just as remittances are flourishing across the globe. For countries such as Lesotho, Haiti, and Jordan remittances comprise almost one-third of the