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This means that each province and territory has its own minimum wage. The lowest general minimum wage currently in force is that of the Saskatchewan ($11.45/hour), the highest is that of British Columbia ($15.20/hour). [136] Some provinces allow lower wages to be paid to liquor servers and other tip earners, and/or to inexperienced employees.
15.20 April 1, 2024 To be increased to $15.70 on April 1, 2025 and $16.50 on October 1, 2025 [19] Each April 1, based on Canada CPI for January through November of the previous calendar year plus, starting in 2023, 1%. [20] [b] In 2019 and 2021, an extra $0.30 was added before applying indexation. In 2020, the minimum wage was increased by $1. ...
According to an April 11, 2019 Royal Bank of Canada (RBC) report, the revised estimate of Ontario's deficit was $11.7 billion in 2018-2019 and it was projected to decrease by $1.4 billion in 2019-2020 mainly because of "the removal of the $1 billion contingency reserve." At that time it was projected that the deficit would be "completely ...
According to the current CRA web page, in Newfoundland and Labrador corporate tax rates span from 3 per cent at the lowest rate to 15 per cent at highest rate; in Nova Scotia from 3% to 16%, in New Brunswick from 2.5% to 14%, in Prince Edward Island from 3%to 16%, in Ontario from 3.2% to 11.5%, in Manitoban 12% in Saskatchewan, from 2% to 12% ...
All the provinces and many towns as well, tried to foster economic growth by subsidizing projects that improved the infrastructure, such as roads, bridges, inns and ferries. They gave bounties and subsidies or monopolies to sawmills, grist mills, iron mills, pulling mills (which treated cloth), salt works and glassworks. Most importantly ...