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Canadian businesses increase average wages to attract more workers

Due to the severe labour shortages, Canadian employers offer higher wages to employees to attract more workers. In 2022, average wages increased by 3.4 percent to hit $1,173.90 weekly. With the labour market in Canada being so competitive, foreign nationals have a unique chance to seize this opportunity and gain permanent residency through the numerous economic immigration programs. According to the latest update from Statistics Canada, job vacancies stayed high in December, with overall job vacancies at 848,800. While the number of job vacancies in transportation, warehousing, finance and insurance declined, healthcare and social assistance experienced a surge in open positions.


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