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Assuming a 40-hour workweek and 52 paid weeks per year, the annual gross employment income of an individual earning the minimum wage in Canada is between C$31,200 (in Alberta and Saskatchewan) and C$39,520 (in Nunavut). [4] The following table lists the hourly minimum wages for adult workers in each province and territory of Canada.
The deal would extend the current contract for an additional year to September 2012, and preserves the current average assembly-worker base pay of about $34 an hour. It would eliminate a $1,700 annual "special bonus," and reduce special paid absences or "SPA days" from two weeks to one week a year, while maintaining vacation entitlements which ...
The gross average monthly wage estimates for 2023 are computed by converting national currency figures from the United Nations Economic Commission for Europe (UNECE) Statistical Database, compiled from national and international (the CIS, Eurostat, the OECD) official sources. Wages in U.S. dollars are computed by the UNECE Secretariat using ...
Get the Toronto, ON local weather forecast by the hour and the next 10 days.
The work force is made up of approximately 2.9 million people and more than 100,000 companies [64] The Greater Toronto Area produces nearly 20 percent of the entire nation's GDP with $323 billion, and from 1992 to 2002, experienced an average GDP growth rate of 4.0 per cent and a job creation rate of 2.4 per cent (compared with the national ...
The financial service sector, including banks and insurance companies, account for about 20% of Toronto's economy. [6] Toronto was the first North American exchange to employ decimal pricing, and one of the first in the world to use a fully computerized system. [7] The world's first exchange-traded fund (ETF) was listed in the exchange in 1990. [8]
The team salary cap was $81.5 million. No player could earn more than $16.3 million. Mitch Marner (Toronto Maple Leafs) $16 million; Auston Matthews (Toronto Maple Leafs) $15.9 million John Tavares (Toronto Maple Leafs) $15.9 million; Connor McDavid (Edmonton Oilers) $15 million Carey Price (Montreal Canadiens) $15 million
Based on the OECD average in this 2018 report, it takes an estimated 4 generations for a low-income family in Canada to earn the Canadian average income; the OECD average is an estimated 4.5 generations and in the United States it takes 5 generations or 150 years to earn the American average income.