Ontario Raises Minimum Wage 2024 | Newcomers Experience Afford to Live | Canada Immigration Explore

In this video, I would like to talk about Ontario Raises Minimum Wage – Can Newcomers Really Afford to Live on Reality of Living on a Minimum Wage in Ontario: A Newcomer’s Ontario’s Minimum Wage: A Newcomer’s Ontario’s Minimum Wage Enough to Call a Minimum Wage Job Support a Newcomer in Wage Hike: Will It Make a Ontario’s Wage Hike Enough for ’s common for newcomers to work minimum wage jobs while waiting for their foreign credentials to be recognized. Government data shows that 20% of occupations in Canada are regulated and require a license or certificate to each province has its own licensing authorities, there is no national timeline for how long it takes for newcomers’ credentials to be recognized. As a result, many are forced to take jobs outside their field of expertise, often earning minimum wage or slightly above.A Statistics Canada report from earlier this year revealed that between 2001 and 2021, the number of immigrant workers in low-skilled jobs increased. Together with temporary foreign workers (TFWs), they filled many positions that were once occupied by Canadian-born workers. As of October 1, Ontario, Prince Edward Island, Manitoba, and Saskatchewan have all raised their legal minimum hourly of these increases are modest and linked to inflation. In Ontario, for instance, the minimum wage has gone up from $ to $ per actual income for someone earning minimum wage depends on the hours they work each week. According to 2023 data from Statistics Canada, the average full-time employee in Ontario works 39.3 hours per week. Based on this, before taxes and deductions, a minimum wage worker can expect to earn about $ per employers in Ontario pay their workers biweekly, meaning a full-time minimum wage employee will typically gross $1, per paycheck. Part-time workers, however, will earn significantly the course of 26 pay periods a year (52 weeks divided by 2), a full-time minimum wage worker can expect to gross approximately $35, to Wealthsimple’s income tax calculator, an employee in Ontario with that salary will take home about $29,026 after taxes, assuming no other income, investments, or RRSP , is it possible to live on a full-time minimum wage job in Ontario? This is a crucial question for many newcomers, particularly those arriving without a job offer, who need to secure work quickly or prove their income to find to 2021 census data, 46.6% of Toronto’s population consists of immigrants, making it the top destination for newcomers in Canada. Many newcomers tend to rent when they first arrive as they save money to purchase a data from various sources, here’s an overview of the cost of living for a single person living alone in Toronto, Canada’s largest city. Other areas in Ontario and across Canada may offer lower living average monthly cost of essentials for a single person living alone in Toronto is approximately $3,, totaling $40, per year. This exceeds the gross annual income of a minimum wage earner by over $5,000 and is more than $11,000 higher than their net take-home , there are ways to lower these expenses. Options include sharing accommodations, shopping during grocery sales, choosing the most affordable phone or internet plans, or opting to walk instead of relying on public transit or ride-sharing services. Also, In this video, I would like to cover following topic: - Ontario wages vs cost of living - New immigrant struggles in Canada Canada Immigration Explore #Canadaimmigration #CanadaImmigrationExplore #OntarioMinimumWage #CostOfLivingCanada #NewcomerStruggles #TorontoLiving #CanadaImmigration #MinimumWageLife #LivingInCanada #CanadaCostOfLiving #TorontoRentPrices #CanadianEconomy #WorkInCanada #NewImmigrantsCanada #CanadaJobMarket #SurvivingOnMinimumWage #LifeInToronto Disclaimer: This channel is not owned by an any Canada Government Agency or an Immigration Lawyer. The contents in the channel is for informational purpose only collected from Various public domains. you may need to contact an expert immigration attorney for your specific immigration needs and more information please visit to Canada Website. I am not an immigration consultant. All videos on this channel related to immigrating to Canada is based on my research and opinion. I give all information and advices here FREE of charge. All the videos on the channel are made for educational and/or entertainment purposes. Please beware of fake people impersonating my channel to offer you jobs. I don’t have jobs to offer but I have shown you different options through my videos HOW TO IMMIGRATE TO CANADA EVEN WITHOUT AGENT. Don’t be conned. Do your due diligence before engaging anyone.