In an effort to “keep pace with the inflation”, Canada’s minimum wage will be increasing by $1.10 (INR 67.33) from April 1, 2023.
Canada’s Minister of Labour, Seamus O’Regan Jr. recently quoted, “The cost of living is rising, so we’re making sure that wages keep going up too. We’re looking after workers because that’s how you grow the economy and create more prosperity for everyone.”
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The pay raise is important in terms of attracting and retaining top talent in the country. The professions mentioned on the Canada occupation in-demand list, and many could earn higher salaries in their respective sectors. By increasing federal wages, the government is sending a clear signal that it values the work of its employees and is willing to invest in their skills and expertise.
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