Canada TFWP Wage Increase: The salary of Indians going to work in Canada is going to increase. Canada has announced a 20% increase in the salary threshold for its Labor Market Impact Assessment (LMIA) program. This change has come into effect from 8 November. This means that now Indian and workers from other countries will have to find higher paying jobs to work in Canada under the Temporary Foreign Worker Program (TFWP). This is going to increase their income.
With this decision of the government, Indians will now get higher salaries and it will also become easier to get permanent residency. Companies in Canada require an LMIA before hiring foreign workers. This is an important document, through which the salary limit is decided. Through this, jobs are divided into high-wage and low-wage. The new fixed salary threshold has come into effect in all provinces and territories of Canada. This will affect the recruitment process and salaries of temporary foreign employees.
How much salary increased in which provinces?
How will Indians benefit from the increased salary?
With this decision of the government, Indians will now get higher salaries and it will also become easier to get permanent residency. Companies in Canada require an LMIA before hiring foreign workers. This is an important document, through which the salary limit is decided. Through this, jobs are divided into high-wage and low-wage. The new fixed salary threshold has come into effect in all provinces and territories of Canada. This will affect the recruitment process and salaries of temporary foreign employees.
How much salary increased in which provinces?
- Alberta: up from 29.50 Canadian dollars to 35.40 Canadian dollars
- British Columbia: up from 28.85 Canadian dollars to 34.62 Canadian dollars
- Manitoba: from 25.00 Canadian dollars to 30.00 Canadian dollars
- New Brunswick: up from 24.04 Canadian dollars to 28.85 Canadian dollars
- Newfoundland and Labrador: from 26.00 Canadian dollars to 31.20 Canadian dollars
- Northwest Territories: up from 39.24 Canadian dollars to 47.09 Canadian dollars
- Nova Scotia: up from 24.00 Canadian dollars to 28.80 Canadian dollars
- Nunavut: from $35.00 to $42.00
- Ontario: up from 28.39 Canadian dollars to 34.07 Canadian dollars
- Prince Edward Island: up from 24.00 Canadian dollars to 28.80 Canadian dollars
- Quebec: up from 27.47 Canadian dollars to 32.96 Canadian dollars
- Saskatchewan: up from 27.00 Canadian dollars to 32.40 Canadian dollars
- Yukon: up from 36.00 Canadian dollars to 43.20 Canadian dollars
(This salary is on hourly rate)
How will Indians benefit from the increased salary?
Indians working in Canada under TFWP will benefit the most from this wage increase. Now they are going to get salary equal to the local people. This will also make it easier to get permanent residency in Canada. Higher salary means that they will now be able to live a better life. At the same time, it will also become easier for them to live in Canada.
What is Labor Market Impact Assessment?
The LMIA is a required document required by some Canadian companies and employers before they can hire foreign workers. This is evidence that there is no Canadian citizen or permanent resident available for that position. When the LMIA is obtained, it means that the employee can be hired from abroad. LMIA is also called confirmation letter.
