- Country Guide
- Canada
Canada
Last Update by Cecilia, 28 Nov 2024
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Exchange Rate
01 Dec 2024
Cost of Living
Indicative value for a working adult in a city: Toronto
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (CAD) |
|---|---|
| McDonalds Set Meal | 15.00 |
| Monthly Train and Bus Tickets | 156.00 |
| 3 Bedrooms Rental (City Center) | 4,459 |
| 3 Bedrooms Rental (Outskirt) | 3,656 |
Current Inflation Rate
2.9%
Wage
Minimum Wages
- Minimum wage for Federal is 17.30 CAD per hour
The minimum wage in Canada varies by province or territory
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (CAD) |
|---|---|
|
Entry-Level
Fresh Graduate
|
4,700 |
|
Mid-Level
5 Years
|
6,900 |
|
Experienced & Managerial Level
10 Years
|
8,500 |
|
Specialized & Senior-Level
15 Years
|
11,600 |
Annual Salary Growth
4%
Statutory Contribution
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Canada Pension Plan (CPP) |
5.95% Annual salary 68,500 CAD capped at 3,867.50 CAD per year Annual salary over 73,200 + 4% |
5.95% Annual salary 68,500 CAD capped at 3,867.50 CAD per year Annual salary over 73,200 + 4% |
All staff |
| Federal Employment Insurance (EI) |
1.4 times staff's fixed insurable earnings Premium capped at 1,468.77 C AD per year |
1.66% Premium capped at 1,049.12 CAD per year |
All Staff |
State/Province Level
Québec
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
|
Québec Pension Plan (QPP) (Basic and Additional) |
Annual salary over 3,500 CAD 5.4% for basic+ 1% additional Annual salary over 65,500 CAD 4% additional only |
Annual salary over 3,500 CAD 5.4% for basic+ 1% additional Annual salary over 65,500 CAD 4% additional only |
Capped at Québec Parental Insurance Plan |
| Québec Parental Insurance Plan (QPIP) |
0.692% Maximum insurable income 947,000 CAD |
0.494% Maximum insurable income 947,000 CAD Maximum staff premium 464.36 CAD per year |
All staff |
| Québec Employment Insurance (EI) |
1.4 times staff's fixed insurable earnings Premium capped at 1,167.94 CAD per year |
1.32% Premium capped at 834.32 CAD per year |
All staff |
Other Benefit
Other common employment benefits in Canada include:
- Registered Retirement Savings Plan (RRSP): 4%-5% per month capped at 31,560 CAD
- Traveling Meals and entertainment for business: 100% covered (50% expense deductible)
- Car Allowance: CAD 600 per month
Income Tax
Residents
-
Tax period: January 1st through December 31st.
Filing Due Date: 30th April
Country Level
| Taxable Income | Rate |
|---|---|
| 0 - 55,867 | 15% |
| 55,867-111,733 | 20.5% |
| 111,733 -173,205 | 26% |
| 173,205 - 246,752 | 29% |
| Over 246,752 | 33% |
State/Province Level
Québec
| Taxable Income | Rate |
|---|---|
| 0 - 51,780 | 14% |
| 51,780 - 103,545 | 19% |
| 103,545 - 126,000 | 24% |
| Over 126,000 | 25.75% |
Non-residents
- Non-residents of Canada are subject to tax in Canada only on income earned in Canada or from Canadian sources.
Working Hours
Statutory
40 Hours
8 hours a day, 5 days a week
Federal overtime rules in Canada set a general threshold of 44 hours per week
Overtime
The overtime requirement can be different in provinces
- In British Columbia, if employee works more than 8 hours a day, employer needs to give overtime payment:
- Daily working hours is under 12, overtime rate should be 1.5 times regular payment
- Dailly working hours over 12 hours, overtime rate should be 2 times regular payment for exceed hours
Employment Contract
Fixed-Term
Used for seasonal jobs, project-based work, or covering for someone on long-term leave
Contract Format
In writing, in English, Quebec in French
Payroll Currency
CAD
Probation
Usually none
Contract Period
Can be renewed as many times as required but cannot be longer than 9 years in total
Termination
The termination regulation can be variance in different provinces
| Voluntary Resignation | Involuntary Termination | Economic Layoff | |
|---|---|---|---|
| Notice Period - Probation | No notice required | 2 weeks | Should be negotiated between employee and employer |
| Notice Period - Regular | Should be negotiated between employee and employer | - Minimum 2 weeks - Staff with 3 years' service: 1 week per completed year of service up to 8 weeks | Should be negotiated between employee and employer |
| Severance Pay | Not applicable | - The employees who have 12 consecutive months of employment are subjust to severance pay - 2 days' pay for each year of service or 5 days' regular pay, whichever is greater - Staff with 3+ years' service: 1 week of notice per year of service up to 8 weeks, or equivalent regular wages in lieu of notice | - The employees who have 12 consecutive months of employment are subjust to severance pay - 2 days' pay for each year of service or 5 days' regular pay, whichever is greater - Staff with 3+ years' service: 1 week of notice per year of service up to 8 weeks, or equivalent regular wages in lieu of notice |
Public Holiday
Country Level
| Date | Name |
|---|---|
| 01 Jan | New Year's Day |
| 29 Mar | Good Friday |
| 01 Jul | Canada Day |
| 02 Sep | Labor Day |
| 30 Sep | National Day for Truth and Reconciliation |
| 25 Dec | Christmas Day |
State/Province Level
British Columbia
| Date | Name |
|---|---|
| 19 Feb | Family Day |
| 20 May | Victoria Day |
| 05 Aug | British Columbia Day |
| 14 Oct | Thanksgiving Day |
| 11 Nov | Remembrance Day |
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Annual Vacation Leave |
2 weeks per year- 1 year service 3 weeks per year - 5 years' service 4 weeks per year - 10 years' service |
All federal staff with 1 year continuous service |
| Medical Leave | Up to 27 weeks per year | All federal staff with 3 months' service |
| Critical Illness Leave |
37 weeks in 52- week period to care for children under 18 17 weeks in a 52- week period to care for adults |
All federal staff |
| Maternity Leave | 17 weeks- 13 weeks before birth, 17 weeks after | All federal expectant mothers |
| Standard and Extended Parental Leave |
52 weeks- standard 78 weeks - extended leave |
All federal staff expecting, adopting, or surrogates sharing leave |
| Personal Leave | 5 days per calendar year | All federal staff with 3 months' service |
| Compassionate Care Leave | 28 weeks within a 52- week cycle | All federal staff caring for family with a serious medical condition |
| Victims of Family Violence Leave | Up to 10 days per calendar year | All federal staff with 3 months' service |
| Death or Disappearance of a Child Leave | 156 weeks | All federal staff for death/ disappearance of a child under 25 |
| Bereavement Leave | Up to 10 working days | All federal staff with death of an immediate family member |
| Leave for Traditional Aboriginal Practices | 5 days per calendar year | All federal staff that are Aboriginal Native Indians: Inuit or Métis |
| Leave for Members of Reserve Forces | 24 months in a 60-month cycle | All federal staff after 3 months' service |
Reference
- https://www.numbeo.com/cost-of-living/in/Toronto
- https://www150.statcan.gc.ca/n1/daily-quotidien/240319/dq240319a-eng.htm
- https://ca.talent.com/salary?job=business+administration
- https://www.canada.ca/en/treasury-board-secretariat/services/collective-agreements/collective-bargaining/backgrounder-employer-offer-resulting-increase-salary.html
- https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/payroll-deductions-contributions/canada-pension-plan-cpp/cpp-contribution-rates-maximums-exemptions.html#wb-cont
- https://www.revenuquebec.ca/en/citizens/your-situation/parents-and-future-parents/quebec-parental-insurance-plan/#:~:text=For%202024%2C%20the%20maximum%20insurable,increased%20from%20%24449.54%20to%20%24464.36.
- https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/payroll-deductions-contributions/employment-insurance-ei/ei-premium-rates-maximums.html
- https://www.canada.ca/en/revenue-agency/services/tax/individuals/frequently-asked-questions-individuals/canadian-income-tax-rates-individuals-current-previous-years.html
- https://www.canada.ca/en/revenue-agency/services/tax/international-non-residents/individuals-leaving-entering-canada-non-residents/non-residents-canada.html#txblgtns
- https://www.rrq.gouv.qc.ca/en/programmes/regime_rentes/travail_cotisations/Pages/travail_cotisations.aspx
- https://www.canada.ca/en/services/jobs/workplace/federal-labour-standards/work-hours.html#h2.01
- https://www.canada.ca/en/treasury-board-secretariat/services/staffing/public-service-workforce/casual-worker.html
- https://www.revenuquebec.ca/en/citizens/income-tax-return/completing-your-income-tax-return/income-tax-rates/
- https://www.canada.ca/en/revenue-agency/services/tax/registered-plans-administrators/pspa/mp-rrsp-dpsp-tfsa-limits-ympe.html
- https://www.canada.ca/en/services/jobs/workplace/federal-labour-standards/leaves.html
- https://www.canada.ca/en/services/jobs/workplace/federal-labour-standards/vacations-holidays.html#h2.1
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Contact UsCountry Guide - Canada
Last updated: 28 Nov 2024
Exchange Rate
Currency (CAD)
- 1 CNY = 0.185 CAD
- 1 USD = 1.32 CAD
Other currencies can be retrieved via the country guide link above.
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Labor Cost Calculator
To know the total employer cost for hiring a staff with certain salary, please go to our main site: https://marcopayroll.com
Cost of Living
Indicative value for a working adult in a city: Toronto
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (CAD) |
|---|---|
| McDonalds Set Meal | 15.00 |
| Monthly Train and Bus Tickets | 156.00 |
| 3 Bedrooms Rental (City Center) | 4,459 |
| 3 Bedrooms Rental (Outskirt) | 3,656 |
Current Inflation Rate
2.9%
Wage
Minimum Wages
- Minimum wage for Federal is 17.30 CAD per hour
The minimum wage in Canada varies by province or territory
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (CAD) |
|---|---|
|
Entry-Level
Fresh Graduate
|
4,700 |
|
Mid-Level
5 Years
|
6,900 |
|
Experienced & Managerial Level
10 Years
|
8,500 |
|
Specialized & Senior-Level
15 Years
|
11,600 |
Annual Salary Growth
4%
Statutory Contribution
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Canada Pension Plan (CPP) |
5.95% Annual salary 68,500 CAD capped at 3,867.50 CAD per year Annual salary over 73,200 + 4% |
5.95% Annual salary 68,500 CAD capped at 3,867.50 CAD per year Annual salary over 73,200 + 4% |
All staff |
| Federal Employment Insurance (EI) |
1.4 times staff's fixed insurable earnings Premium capped at 1,468.77 C AD per year |
1.66% Premium capped at 1,049.12 CAD per year |
All Staff |
State/Province Level
Québec
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
|
Québec Pension Plan (QPP) (Basic and Additional) |
Annual salary over 3,500 CAD 5.4% for basic+ 1% additional Annual salary over 65,500 CAD 4% additional only |
Annual salary over 3,500 CAD 5.4% for basic+ 1% additional Annual salary over 65,500 CAD 4% additional only |
Capped at Québec Parental Insurance Plan |
| Québec Parental Insurance Plan (QPIP) |
0.692% Maximum insurable income 947,000 CAD |
0.494% Maximum insurable income 947,000 CAD Maximum staff premium 464.36 CAD per year |
All staff |
| Québec Employment Insurance (EI) |
1.4 times staff's fixed insurable earnings Premium capped at 1,167.94 CAD per year |
1.32% Premium capped at 834.32 CAD per year |
All staff |
Other Benefit
Other common employment benefits in Canada include:
- Registered Retirement Savings Plan (RRSP): 4%-5% per month capped at 31,560 CAD
- Traveling Meals and entertainment for business: 100% covered (50% expense deductible)
- Car Allowance: CAD 600 per month
Income Tax
Residents
-
Tax period: January 1st through December 31st.
Filing Due Date: 30th April
Country Level
| Taxable Income | Rate |
|---|---|
| 0 - 55,867 | 15% |
| 55,867-111,733 | 20.5% |
| 111,733 -173,205 | 26% |
| 173,205 - 246,752 | 29% |
| Over 246,752 | 33% |
State/Province Level
Québec
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
British Columbia
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Ontario
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Non-residents
- Non-residents of Canada are subject to tax in Canada only on income earned in Canada or from Canadian sources.
Working Hours
Statutory
40 Hours
8 hours a day, 5 days a week
Federal overtime rules in Canada set a general threshold of 44 hours per week
Overtime
The overtime requirement can be different in provinces
- In British Columbia, if employee works more than 8 hours a day, employer needs to give overtime payment:
- Daily working hours is under 12, overtime rate should be 1.5 times regular payment
- Dailly working hours over 12 hours, overtime rate should be 2 times regular payment for exceed hours
Employment Contract
Permanent
Probation
3-6 months
Termination
The termination regulation can be variance in different provinces
| Voluntary Resignation | Involuntary Termination | Economic Layoff | |
|---|---|---|---|
| Notice Period - Probation | No notice required | 2 weeks | Should be negotiated between employee and employer |
| Notice Period - Regular | Should be negotiated between employee and employer | - minimum 2 weeks - Staff with 3 years' service: 1 week per completed year of service up to 8 weeks | Should be negotiated between employee and employer |
| Severance Pay | Not applicable | - The employees who have 12 consecutive months of employment are subjust to severance pay - 2 days' pay for each year of service or 5 days' regular pay, whichever is greater - Staff with 3+ years' service: 1 week of notice per year of service up to 8 weeks, or equivalent regular wages in lieu of notice | - The employees who have 12 consecutive months of employment are subjust to severance pay - 2 days' pay for each year of service or 5 days' regular pay, whichever is greater - Staff with 3+ years' service: 1 week of notice per year of service up to 8 weeks, or equivalent regular wages in lieu of notice |
Fixed-Term
Used for seasonal jobs, project-based work, or covering for someone on long-term leave
Probation
Usually none
Termination
The termination regulation can be variance in different provinces
| Voluntary Resignation | Involuntary Termination | Economic Layoff | |
|---|---|---|---|
| Notice Period - Probation | No notice required | 2 weeks | Should be negotiated between employee and employer |
| Notice Period - Regular | Should be negotiated between employee and employer | - Minimum 2 weeks - Staff with 3 years' service: 1 week per completed year of service up to 8 weeks | Should be negotiated between employee and employer |
| Severance Pay | Not applicable | - The employees who have 12 consecutive months of employment are subjust to severance pay - 2 days' pay for each year of service or 5 days' regular pay, whichever is greater - Staff with 3+ years' service: 1 week of notice per year of service up to 8 weeks, or equivalent regular wages in lieu of notice | - The employees who have 12 consecutive months of employment are subjust to severance pay - 2 days' pay for each year of service or 5 days' regular pay, whichever is greater - Staff with 3+ years' service: 1 week of notice per year of service up to 8 weeks, or equivalent regular wages in lieu of notice |
Public Holiday
2024
| Date | Name |
|---|---|
2025
| Date | Name |
|---|---|
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Annual Vacation Leave |
2 weeks per year- 1 year service 3 weeks per year - 5 years' service 4 weeks per year - 10 years' service |
All federal staff with 1 year continuous service |
| Medical Leave | Up to 27 weeks per year | All federal staff with 3 months' service |
| Critical Illness Leave |
37 weeks in 52- week period to care for children under 18 17 weeks in a 52- week period to care for adults |
All federal staff |
| Maternity Leave | 17 weeks- 13 weeks before birth, 17 weeks after | All federal expectant mothers |
| Standard and Extended Parental Leave |
52 weeks- standard 78 weeks - extended leave |
All federal staff expecting, adopting, or surrogates sharing leave |
| Personal Leave | 5 days per calendar year | All federal staff with 3 months' service |
| Compassionate Care Leave | 28 weeks within a 52- week cycle | All federal staff caring for family with a serious medical condition |
| Victims of Family Violence Leave | Up to 10 days per calendar year | All federal staff with 3 months' service |
| Death or Disappearance of a Child Leave | 156 weeks | All federal staff for death/ disappearance of a child under 25 |
| Bereavement Leave | Up to 10 working days | All federal staff with death of an immediate family member |
| Leave for Traditional Aboriginal Practices | 5 days per calendar year | All federal staff that are Aboriginal Native Indians: Inuit or Métis |
| Leave for Members of Reserve Forces | 24 months in a 60-month cycle | All federal staff after 3 months' service |
Reference
- https://www.numbeo.com/cost-of-living/in/Toronto
- https://www150.statcan.gc.ca/n1/daily-quotidien/240319/dq240319a-eng.htm
- https://ca.talent.com/salary?job=business+administration
- https://www.canada.ca/en/treasury-board-secretariat/services/collective-agreements/collective-bargaining/backgrounder-employer-offer-resulting-increase-salary.html
- https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/payroll-deductions-contributions/canada-pension-plan-cpp/cpp-contribution-rates-maximums-exemptions.html#wb-cont
- https://www.revenuquebec.ca/en/citizens/your-situation/parents-and-future-parents/quebec-parental-insurance-plan/#:~:text=For%202024%2C%20the%20maximum%20insurable,increased%20from%20%24449.54%20to%20%24464.36.
- https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/payroll-deductions-contributions/employment-insurance-ei/ei-premium-rates-maximums.html
- https://www.canada.ca/en/revenue-agency/services/tax/individuals/frequently-asked-questions-individuals/canadian-income-tax-rates-individuals-current-previous-years.html
- https://www.canada.ca/en/revenue-agency/services/tax/international-non-residents/individuals-leaving-entering-canada-non-residents/non-residents-canada.html#txblgtns
- https://www.rrq.gouv.qc.ca/en/programmes/regime_rentes/travail_cotisations/Pages/travail_cotisations.aspx
- https://www.canada.ca/en/services/jobs/workplace/federal-labour-standards/work-hours.html#h2.01
- https://www.canada.ca/en/treasury-board-secretariat/services/staffing/public-service-workforce/casual-worker.html
- https://www.revenuquebec.ca/en/citizens/income-tax-return/completing-your-income-tax-return/income-tax-rates/
- https://www.canada.ca/en/revenue-agency/services/tax/registered-plans-administrators/pspa/mp-rrsp-dpsp-tfsa-limits-ympe.html
- https://www.canada.ca/en/services/jobs/workplace/federal-labour-standards/leaves.html
- https://www.canada.ca/en/services/jobs/workplace/federal-labour-standards/vacations-holidays.html#h2.1
Contact Info
-
Singapore (Headquarters)
8 Marina Boulevard, MBFC Tower 1, #11-01, Singapore, 018981
+65 6653 4334 -
China (Headquarters)
79 Jianguo Road, China Central Place Tower 2, #09-52, Beijing, 100025
+86 10 6580 0555 -
China (Service Center)
23 Dagong Street, Eton Place Tower 2, Unit 1808, Dalian, 116001
-
United States
445 S Figueroa St, 31st Floor, Los Angeles, California, 90071
-
United Kingdom
71 - 75 Shelton Street, London, England GB
-
Netherlands
Vijzelstraat 68, 1017 HL, Amsterdam
-
Australia
Level 22, Salesforce Tower, 180 George Street, Sydney, NSW 2000