What Is A Good Hourly Wage In Canada What is the minimum hourly wage in Canada The minimum wage is the lowest an employer can legally pay you per hour The region with the highest minimum wage is Nunavut while Quebec pays the lowest Here is a list of the minimum wage by province and territory Alberta 15 00 per hour British Columbia 15 20 per hour Manitoba 11 90 per
Since the early 1990s the average hourly wage in Canada has steadily grown reaching a record breaking 28 68 per hour in April 2022 In 2020 the average yearly income in Canada for experienced professionals aged between 45 and 54 was 67 400 The mining quarrying and oil and gas extraction sector pays the highest weekly wages 2 242 The minimum wage was increased on June 1 to 16 75 Before the hike the province already had the highest minimum wage in Canada of all provinces excluding territories BC does still fall short of a living wage in Metro Vancouver which is 24 08 per hour Alberta Meanwhile in Alberta the average hourly salary in May was 34 63
What Is A Good Hourly Wage In Canada
What Is A Good Hourly Wage In Canada
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Average Hourly Earnings in Canada increased 5 6 from the previous year to C 36 1 in June 2024 following a 5 2 increase in May Average Hourly Earnings in Canada averaged 23 98 CAD from 1997 until 2024 reaching an all time high of 36 10 CAD in June of 2024 and a record low of 15 88 CAD in January of 1997 source Statistics Canada Statistics Canada reports that the average salary across the entire country in 2020 was 1 136 per week The assumption that the average person worked 52 weeks in the year equates to an annual average salary of 59 059 per year The reported annual average wage in Canada marked an increase of 5 4 over the previous year
As of April 2024 the federal minimum wage in Canada is 17 30 per hour Assuming a standard 40 hour work week this amounts to an annual salary of 35 984 If you are living in Ontario this corresponds to a monthly net income of approximately 2 470 as estimated by our salary calculator The table below lists the minimum wage for adult workers in Canada s largest provinces along with the Hourly wages in Canada can also vary considerably depending on your industry As an example the average hourly wage of a worker in accommodation and food services is 17 18 per hour Good Friday April 7 2023 Canada Day July 1 2023 Labour Day September 4 2023 National Day for Truth and Reconciliation September 30 2023
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Canada Get a free salary comparison based on job title skills experience and education Accurate reliable salary and compensation comparisons for Canada Good to know Annual salary average hours per week hourly rate 52 weeks weeks of vacation weeks of holidays For example imagine someone earns 19 per hour works an average of 38 hours per week and has a total of 4 weeks of vacation and holidays They would earn 36 480 per year 38 hours 19 per hour 760 per week
A good salary can also be a comparative metric based on how much money others in your industry earn This can show you what earning power professionals with similar credentials might have For example the national average salary for chemists is 41 398 per year Therefore if you re a chemist who earns 70 000 per year you re earning 69 more This statistic shows the average hourly wage of all employees in Canada from 2000 to 2022 In 2022 the average hourly wage in Canada stood at 31 37 Canadian dollars Read more
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What Is A Good Hourly Wage In Canada - Average Hourly Earnings in Canada increased 5 6 from the previous year to C 36 1 in June 2024 following a 5 2 increase in May Average Hourly Earnings in Canada averaged 23 98 CAD from 1997 until 2024 reaching an all time high of 36 10 CAD in June of 2024 and a record low of 15 88 CAD in January of 1997 source Statistics Canada