Employees in Canada Tend to See Rise in Their Average Hourly Wages.

​The average hourly wages in Canada continues to rise for both Temporary and Permanent workers. According to newly released Statistics Canada (StatsCan) statistics, both salaried and hourly employees in Canada will benefit from an increase in average hourly pay since February 2023.
Salary employees around the country had their monthly pay rise from $42.37 to $42.58 on average between January and February 2023. The same is true for hourly employees, whose average compensation increased from $29.25 to $29.44.
These increases in both situations continue previous trends. Salaried workers in Canada have witnessed their hourly pay climb for a period of six months in a row, while hourly workers have seen their wages rise for a total of eight months in a row. Overtime hours are included in both average hourly increases in salary.

Broken down by area, & top three industries in the province/territory where salaried workers have had the highest average hourly salary gains.

Prince Edward Island (PEI) - Information and Cultural Industries (+$17.74)
New Brunswick (NB) - Information and Cultural Industries (+$11.55)
Northwest Territories (NWT) - Mining, Quarrying, and Oil and Gas Extraction (+$10.05)
 
In PNP specific draw, Immigration, Refugees, and Citizenship Canada (IRCC) issued 589 invitations to apply (ITAs) to candidates on May 10, 2023. The cut-off score for the Comprehensive Ranking System (CRS) was 691. This was twelth Express Entry Draw by IRCC. This is the fourth PNP draw for 2023. The most recent one was held on March 1 and invited 667 applicants. Since then, all draws have considered candidates from all Express Entry program.
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The rising average hourly wages for both salaried and hourly employees in Canada is a positive development for immigration as it makes the country an even more attractive destination for skilled workers. This trend indicates a strong economy and a high demand for skilled labour, which can encourage more immigrants to come and contribute to Canada's workforce. Furthermore, the higher wages can also help immigrants to better integrate into Canadian society by affording them a higher standard of living and greater economic stability. Overall, the rising average hourly wages in Canada bode well for the country's immigration policy and its ability to attract and retain top talent from around the world.

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