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In 1996, however, the federal minimum wage was re-defined to be the general adult minimum wage rate of the province or territory where the work is performed. Following the 2021 budget , the Government of Canada reestablished a federal minimum wage for federally regulated industries on December 29, 2021.
While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario, the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States.
For the analysis of income, Statistics Canada distinguishes between the following statistical units: Households: "a person or group of persons who occupy the same dwelling" [ 1 ] Economic families: "two or more persons who live in the same dwelling and are related to each other by blood, marriage, common-law union, adoption or a foster ...
The minimum wage in Canada is set federally and by each province and territory; ranges from CA$13 to CA$16 (US$9.69 to US$11.93) per hour. The minimum wage calculated here is a weighted average based on the relative population in each province.
The list of Canadian provinces by unemployment rate are statistics that directly refer to the nation's seasonally adjusted unemployment rate. Below is a comparison of the seasonally adjusted unemployment rates by province/territory, sortable by name or unemployment rate. Data provided by Statistics Canada's Labour Force Survey. [1]
Income taxes in Canada constitute the majority of the annual revenues of the Government of Canada, and of the governments of the Provinces of Canada. In the fiscal year ending March 31, 2018, the federal government collected just over three times more revenue from personal income taxes than it did from corporate income taxes. [1]
The unionism would then often build solidarity between workers, even in different industries. In response, the Government of Canada established the Conciliation Act of 1900. This Act created the federal Department of Labour whose purpose was to help settle labour disputes and promote fair wages and proper conditions for workers. Prior to the ...
Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612. [1]