Kathmandu. The Canadian government has increased the minimum wage rate for employees working in the private sector. Effective April 1, Canada has increased the minimum wage for federally regulated private sector workers from 17.30 Canadian dollars to 17.75 Canadian dollars per hour.
This will especially benefit foreign nationals living in Canada. Amid rising inflation and high housing costs, it will provide some relief to Indians studying and working in Canada.
According to a report by India Today, the government led by Canada’s Mark Carney has said that this will reduce economic inequality in Canada. Canada’s Minister of Employment and Labour, Stephen McKinnon, said in this regard, “The federal minimum wage is intended to bring stability and certainty to both Canadian workers and businesses and to help reduce income inequality. This increase in the minimum wage brings us closer to building a better economy.”
Minimum wage rates in Canada vary by province. Companies have been asked to update their pay systems and ensure that all employees and interns are paid the increased rate.
The federal minimum wage rate in Canada changes every April 1. It is based on the Consumer Price Index. That is, the salary changes every year according to inflation.
Inflation has been increasing in Canada recently. Housing rents have also increased rapidly. The previous Justin Trudeau government faced a lot of criticism for inflation. Some time ago, due to the increased demand for food items, the food bank stopped providing food to international students. In such a situation, increasing the minimum wage will definitely provide some relief to such people.
Foreign citizens in Canada work in retail, health care, construction and many other sectors. In such a situation, this salary increase will benefit not only foreign citizens who have gone to work but also foreign students. Because this also includes interns. – Agency
