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Oct 22, 2024 · The minimum hourly wage differs between provinces and territories. The highest minimum wage is in Yukon, where it is $16.77 per hour. The second and third highest hourly rates are in Nunavut and British Columbia at $16.00 and $15.65, respectively. Many provinces with lower minimum hourly rates are in the process of increasing them.
- The territories have the highest average salaries in Canada. However, while it is important to know what your salary would be in each area, it is m...
- Minimum wages are different in each territory and province. At the moment, Yukon has the highest hourly minimum at $16.77.
- Based on the first quarter of the year, the average salary was $56,416.
Oct 24, 2024 · Minimum Wage Statistics for Canadians. The federal minimum rate in Canada has been $17.30 since April 2024. Nunavut has the highest minimum wage in Canada at $19.00 per hour. Alberta and Saskatchewan have the lowest minimum wages in Canada at $15.00 per hour. Almost 9% of Canadian workers earn a minimum wage.
- The provinces and territories set their own minimum wages. However, the federal minimum rate for federal workers is $16.65.
- Yukon has the highest rate at $16.77 and Saskatchewan at $13.00. However, the rate in Saskatchewan goes up to $14.00 in October 2023.
- A living wage is based on the cost of living in an area and not set in law. A minimum wage is a legal requirement and set by the provincial/ territ...
Here is a breakdown of the average salaries by province in Canada. This report was compiled in 2024 using the full 12 month data source from 2023: Alberta: $73,612 per year. British Columbia: $70,847 per year. Manitoba: $59,391 per year. New Brunswick: $59,151 per year. Nova Scotia: $57,378 per year. Ontario: $70,160 per year.
Aug 30, 2023 · Average annual salaries, Canada, provinces and territories, 2021 dollars; Canada: 101,789: Newfoundland and Labrador: 114,790: Prince Edward Island: 56,483
Median wages, salaries and commissions, by province and territory, 2019, 2021 and 2022 Back to main article CSV (1 KB) Median wages, salaries and commissions, by province and territory, 2019, 2021 and 2022
Sep 25, 2024 · The western coastal province now has the highest minimum wage among the provinces after raising its rate to $17.40 on June 1, 2024. That marked a decent increase from the year prior. The BC government says raising the wage closer to $16 will help 400,000 residents.
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Jun 6, 2024 · Starting at the broadest level, Canada’s nationwide average income is $685,000 annually as of the end of 2021 (Source). This represents all workers’ total pre-tax salaries, wages, and other earnings. After federal and provincial taxes, the average take-home income drops to approximately $59,300 per year or $4,942 monthly.
