According to Statistics Canada’s Immigrant Entrepreneurs in Canada: Highlights from Recent Studies report, immigrant men over the age of 50 who have a degree in science, technology, engineering, or mathematics (STEM) are among the most likely to start new businesses in Canada. According to Garnett Picot and Yuri Ostrovsky, immigrants are 41.7 percent more likely than non-naturalized Canadians to start a business or be self-employed. The study also claims that refugees have shown superior loyalty to their employers, having far superior retention rates than non-refugee workers.