$16.65 per hour is the new minimum wage effective April 1, 2023 applicable to for all federally regulated private sectors. The federal regulated private sectors include banking, postal and courier services, as well as interprovincial air, rail, road, and maritime transportation.
What is the highest minimum wage in Canada?
Yukon has the highest minimum wage at $16.77 per hour, followed by Federal minimum wage that is $16.65 per hour, and Nunavut which has the minimum wage of $16 per hour.
What is minimum wage Ontario 2023 and when will it increase?
Currently, $15.50 is the minimum wage in Ontario.
Minimum wage in Ontario will increase to $16.55 on October 1, 2023.
Toronto is often described as the financial capital of Canada, as it is one of the largest business hubs. However, the cost of living in Toronto is far greater than the average cost of living in other parts of the country. Here is the list of the 10 highest-paying jobs in the Toronto area within…
A new list of the top 10 most stolen vehicles in Canada by the auto insurance fraud prevention organization was released on November 14. The organization also released regional breakdowns for Ontario, Alberta, Quebec, and Atlantic provinces for the top 10 most stolen vehicles of 2022. Auto thefts reached all-time highs in 2022, with Ontario…
The new Rentals.ca report released on November 10, 2023, shows a 11.1% annual and 1.5% monthly increase in the asking average rent in Canada to $2,149. The average rent in Toronto ($2,902) is the second highest after Vancouver ($3,339) for the month of September 2023. Between June and September of this year, asking for rentals…
A list of new Ontario living wage rates has been released for 2023 for all 10 major geographical regions across the province by the Ontario Living Wage Network. Residents of Toronto and the Greater Toronto Area need to earn at least $25.05 per hour to make ends meet in their household. This is 51% higher…
Canadian Embassy Abuja in Nigeria temporarily suspends operations until further notice because of the fire, post-explosion. Unfortunately, two people have died and two have been hospitalized after the explosion of a tanker inside the generator building, as per the latest news report. A Nigerian Federal Fire Service official says that “a tanker that was inside…
Daylight Savings Time ended early Sunday morning on November 5 and Canadians took advantage of the additional sleep before the clock returned to Standard Time. On November 5th, the clocks were set back one hour at 2 a.m. to align with the standard time. Daylight Savings Time (DST) is an annual procedure in which our…
Canada has been one of the top destinations for immigrants (permanent residents) from around the world looking to settle in for better opportunities and a better lifestyle. On the other hand, a recent study on the retention of immigrants suggests that some newcomers may not find the Canadian dream as expected and move back to…
The Guaranteed Livable Income Bill in the Senate (S-233) and a similar bill in the House of Commons (C-223) advocate for a universal basic income, or, to be precise, a guaranteed livable basic income for all the residents of Canada. These bills call on the Canadian finance ministry to develop a national framework for a…
Canadian residents will get a new Canada Child Benefit (CCB) payment on or before October 20, 2023, and there will be only two monthly payments left for this year. The Canada Child Benefit (CCB) is a tax-free monthly payment issued to qualified families to aid with the cost of bringing up their kids under the…
Six Canadian provinces have implemented the new minimum wage effective today, October 1, 2023, raising the minimum bar to over $15 per hour. The minimum wage rates in the provinces of Ontario, Manitoba, Saskatchewan, Nova Scotia, Newfoundland and Labrador, and Prince Edward Island are now raised, benefiting thousands of workers in various industries. The minimum…
On September 27, 2023, Statistics Canada unveiled the new data reporting number of temporary residents already in Canada on study permits, work permits, and asylum claimants. This demographic data reveals a nearly 700,000 increase in the number of temporary residents year-on-year as of the second quarter of 2023. We expect that this number could easily…
The new job vacancy data for Canada shows a decrease in available jobs by 43,100 (or 5.8%) to 701,300 in July, continuing a declining trend that began in June 2022. In July 2023, there were 273,700 fewer job openings than there were a year earlier, registering a decline of 28.1%, as per the new Statistics…
This article provides the latest Ontario drive test pass rates for full G and G2 driving licenses for all major cities in the province. It is always recommended for your own safety to learn all the driving rules and only take a driving test once you are confident and fluent with driving on Canadian roads.…
Today, Canadians are facing a unique health crisis that continues to baffle researchers and plague the nation’s healthcare system. Over eight million citizens are living with at least one of the following major blinding eye diseases: age-related macular degeneration, cataracts, diabetic retinopathy, and glaucoma. But despite 75% of visual impairment being avoidable when detected and…
On September 14, 2023, the prime minister of Canada, Justin Trudeau, announced a comprehensive set of new initiatives aimed at tackling the housing crisis and containing rising grocery prices. This encompasses initiatives aimed at increasing the supply of rental accommodation, offering assistance to small company proprietors, and reducing grocery prices. Housing Crisis In Canada To…
According to a recent jobs report from Statistics Canada for the month of August 2023, the unemployment rate in Ontario has risen to 5.9% from 5.6%. So the unemployment rate is now up by 1% from 4.9% in the month of April 2023 and is currently above the national average of 5.5%. Employment in Ontario…
The average weekly earnings in Canada of employed residents rose by 3.6% year-on-year in June 2023, as per the latest Statistics Canada data released on August 31, 2023. However, these average weekly earnings increased by just $4 from $1,200 in May to $1,204 in June. The number of employees receiving pay and benefits from their…
Canada sent out 24,720 invitations to apply (ITAs) for permanent residency (PR) in 36 new rounds of invitations under various Canadian immigration programs during the month of August 2023. This is an almost 55% increase in the total number of invitations for permanent residency as compared to the total invitations sent in July 2023. During…
A new CIBC report dated August 30, 2023, suggests that any policy aimed at capping the number of temporary residents is more urgent than perceived. This new report indicates that the official number of non-permanent residents (NPRs) or temporary residents (TRs) relied on for planning purposes by Canada is one million less than the actual…
Parents living in Canada with their child(ren) will receive new Canada Child Benefit (CCB) payment on August 18, 2023, from the Canada Revenue Agency (CRA). In accordance with inflation, the income thresholds for the Canada Child Benefit for 2023–2024 have been adjusted, making it possible for more families to qualify for the maximum monthly benefit.…