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The Toronto-Dominion Centre in Toronto. The economy of Ontario is diversified.Ontario is the largest economy in Canada, making up around 38% of Canadian GDP. [1] [2] Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. [3]
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]
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Development of average annual wages 2000–2023 (USD PPP) [2] Country 2000 2010 2020 2023 Luxembourg * 67,932 75,124 78,977 85,526 Iceland * 61,066 58,131 75,022 ...
National average income: The national average salary in the U.S. in Q4 of 2023 was $59,384. Average salary by age: The highest average earners are aged between 35 and 44, earning 13.8% more than ...
The minimum wage was lifted to $13.00 on October 1, 2022, and there were increases of $1.00 in lieu of indexation in 2023 and 2024. [25] Yukon: 17.59 April 1, 2024 Expected indexation based on formula: $17.95 on April 1, 2025 Each April 1, based on Whitehorse CPI for the previous calendar year. [26]
A sunshine list is a listing of salary, benefit and severance information. [1] Its colloquial name refers to the goal of illuminating government expenditures. [2] In Canada, the list is commonly used for example by provincial or municipal governments to identify any publicly employed person making CA$100,000 salary or higher. [3]