Posted on May 04 2022
In the past year, pay hikes higher than the rate of inflation for all the Canadian workers turned out to be an advantage for the foreign nationals willing to enter the Temporary Foreign Worker Program (TFWP).
“The wages provided to the temporary foreign workers are supposed to match the wages paid to the Canadians and the permanent resident employees who have been hired for the similar job and work location along with same skills and years of experience,” states the federal government on its website.
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Following the TFWP, there are multiple streams; one is for the high-wage positions, whereas the other is for the low-wage jobs. But each employer who is under the TFWP must pay competitive salaries to the temporary workers regardless of which stream they recruit foreign workers through.
It is reported that those kinds of wages are developing faster than inflation.
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The median hourly wage is at an astonishing speed in many territories and provinces.
Even though Canada’s inflation rate is presently 6.7 percent, the median hourly wage increased by 12.5 percent in the territory of Nunavut, ascending to $36 per hour from $32, and by 10 percent in Nova Scotia, from $20 to $22 every hour.
New Brunswick saw a page similar to the significant media wage hike of 8.3 percent, from $20.12 to $21.70. The median hourly wage in Ontario increased more than 8.4 percent to $26.06 every hour from $24.04. Prince Edward Island wages went up to 8.15 percent, to $21.63 from $20.
The francophone province of Quebec experienced the median hourly wages, which were comparatively more than 8.3 percent, to $25 per hour from $23.08.
The official statistics report the flourishing jobs in Canada
At the beginning of the year, the Canadian statistics said that the number of employment boomed in the month of February as the restrictions of the pandemic were eased, the temporary foreign workers and Canadians increasingly landed paying work.
Foreign nationals who wish to work in Canada temporarily are permitted to do so, provided they have a work permit through one of the two primary programs, the International Mobility Program (IMP) and the TFWP.
The program consists of four streams:
If you found this article engaging, continue to read… How to immigrate through Canada’s Federal Skilled Worker Program.
Canada’s inflation rate
Canada’s inflation rate is 6.7%
Median hourly wage
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