Median Household Income

Median Household Income

The good news is, the median wage earnings for all immigration categories are trending upwards in Canada. Immigrants wages are rising by nearly ten percent over the last year from 2019 onward. As per a study, the median wages were the highest in four decades for the foreign nationals who received permanent residence status in 2018.

Foreign nationals who came to Canada on work permits earned a median wage of $39,100 per annum. The median income for individuals with Canadian education and a job received an average income of $44,000 annually. Immigrant workers earn more than their Canadian counterparts in a majority of the cases. Hire an expert immigration professional to fast-track your dream of immigrating to Canada.

Understanding the significance of median wages

The data indicates that the time is ripe to start taking steps for immigrating to Canada. It is much better to begin as a student in Canada and then pursue a job to become eligible to earn maximum. The probability of securing a Canadian work permit and job is significantly higher by aiming at high-wage positions. Studying in Canada will also boost your job and language skills to grab a high-wage position that demands high skills.

The following are average salary figures for different territories and provinces in Canada in 2020:

Province/ Territory

Av Income (growth%)

Newfoundland and Labrador $55,508 (+2.3)
Prince Edward Island $45,912 (+3.6%)
Nova Scotia  $48,470 (+4.3%)
New Brunswick $49,511 (+2.9%)
Québec $51,735 (+4.8%)
Ontario $55,524 (+3.8%)
Manitoba $49,661 (+0.1%)
Saskatchewan $54,371 (+1.9%)
Alberta $61,865 (+3.8%)
British Columbia  $53,416 (+5.6%)
Yukon $61,812 (+5.0%)
Northwest Territories  $77,670 (+5.4%)
Nunavut $87,355 (+20.1%)

The cost of living is higher in provinces with a h3 economy. The median income is also higher in these provinces like Ontario, British Columbia, Saskatchewan, and Alberta.

The average annual incomes are comparable if you consider the U.S. and Canada. However, Canada offers a supportive family policy. Immigrants who come to Canada expect to spend less on healthcare than in the U.S. The Canadian government offers better job insurance schemes, including support for maternity leave. The cost of university-level education is also on a lower side in Canada than in the U.S.

Improving your chances of earning a higher income

You must acquire a Canadian university degree and work experience if you plan to immigrate to Canada as a permanent resident. Completing a study course and then taking the necessary steps to get a work permit sounds like a good option.

Wages for foreign nationals are higher than native workers in a similar job category. It means that you should aim to qualify for higher-wage positions to improve your entry-level wages. It is possible only by elevating your job skills and academic credentials.

Hiring an experienced immigration expert will help you determine a suitable NOC code to improve critical responsibilities and duties. Median family income for foreign nationals with no work experience in Canada is much lower than native workers and other immigrants. Make sure to get Canadian work experience to aim for higher family income.

Canada has been a gratifying option for foreign nationals throughout the last decade. There is no significant change in the outlook despite the recent pandemic. Start preparing for your Canadian immigration now. More and more monster draws are possible for eligible candidates in the coming months. Improving your education and job qualifications will surely place you in a high-wage position as Canada needs immigrants with superior skills.

Dev Immigration ServicesInc offers fast and dependable immigration solutions for everyone. Select from multiple Canadian immigration options to fulfill your immigration objectives. Call us now to explore more.

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