Canada’s Federal Minimum Wage Increased, CIC News Update Canada Immigration

From April 1, 2023, the minimum wage in Canada will increase by $1.10 (INR 67.33) to “keep up with the present inflation.

According to a recent statement made by Canada’s Minister of Labour, Seamus O’Regan Jr., “We’re making sure that wages are going up because the cost of living is rising. We are taking care of the workforce since doing so will increase the economy’s growth and prosperity for all.”

Employment and Social Development Canada (ESDC) has submitted a press release announcing that the federal minimum wage in Canada would rise to $16.65 (INR 1,019.15) as of April 1, 2023. This declaration followed a 6.8% increase in the CPI in 2022.

According to ESDC data, about 26,000 Canadians who are employed in the nation make less than the $15.55 (INR 951.82) per hour federal minimum wage. Workers and interns in federally regulated commercial sectors, like banks, postal & courier services, and interprovincial air, rail, road, & marine transportation, are subject to the current federal minimum wage.

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Minimum Wages in Canada

Employers are now required to pay their employees whichever rate is higher between the federal minimum wage and the minimum wage in their province or territory of operation as a result of the increase in the federal minimum wage. Below are the national average salaries for each province and territory in Canada.

British Columbia$15.65As of 06/01/2022
Alberta$15.00As of 06/26/2019
Saskatchewan$13.00$15.00 on 10/01/2024
Manitoba$13.50$15.30 on 10/01/2023
Ontario$15.50As of 10/01/2022
Quebec$14.25As of 05/01/2022
Newfoundland and Labrador$13.70$15.00 on 10/01/2023
New Brunswick$13.75$14.75 on 04/01/2023
Prince Edward Island$14.50$15.00 on 10/01/2023
Nova Scotia$13.60$15.00 on 10/01/2023
Northwest Territories$15.20As of 09/01/2021
Nunavut$16.00As of 04/01/2020
Yukon$15.70$16.77 on 04/01/2023

Canada made a very substantial move

The decision to raise federal salaries comes as the Canadian economy is recuperating from the COVID-19 pandemic’s consequences. Many Canadians have lost their jobs as a result of the pandemic, and many more have seen their hours and pay decrease.

The compensation increase is crucial for luring and keeping top talent in the nation. Professionals from a variety of professions are employed by the federal government in huge numbers. The professions listed on the “Canada’s most in-demand occupations” list, many of which could see increases in pay within their specific industries. By raising federal wages, the government is demonstrating its appreciation for its workers’ efforts and willingness to invest in their abilities.

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