As part of an important change to raise employment standards, Canada has increased wage thresholds for Labour Market Impact Assessment (LMIA) applications by 20% starting November 8, 2024. It introduced the modification to protect the salary rights of all temporary foreign workers and to move according to economic circumstances. Employers and foreign workers alike will be impacted by the new Canada LMIA Work Permit Wages system across every province and territory, changing the way the LMIA Work Permit receives wages under Canada’s Temporary Foreign Worker Program (TFWP). These changes align closely with Canada’s commitment to fostering Canada’s Skilled Migration, making it a prime destination for global talent.
Canada Government Increases Wage Thresholds for High-Wage & Low-Wage LMIA Applications The increase is the same across all provinces and territories, symbolizing Canada’s commitment to equitable pay and inflation considerations.
Canadian employers who make LMIA hires face immediate changes to budgeting and business strategy related to increased wage needs.
This wage increase is a game changer for workers looking to find work in Canada.
It further enhances Canada’s attractiveness for skilled migrants and strengthens its commitment to fair employment practices.
The LMIA is then split into two major streams.
Employers need to fulfill each of the following program requirements:
Canada’s updated wage thresholds reinforce its position as a global leader in fair employment practices and skilled migration opportunities. For foreign workers, this change means greater earning potential and improved pathways to settle permanently in Canada.
At Navigate Migrate, we understand the complexities of LMIA applications and the updated Canada LMIA Work Permit Wages. Our expertise ensures that employers and workers alike can navigate these changes seamlessly, positioning themselves for success in Canada’s evolving labor market.
Here are the new wage thresholds for some key provinces and territories:
| Province/Territory | Old Threshold | New Threshold |
|---|---|---|
| Alberta | $29.50 | $35.40 |
| British Columbia | $28.85 | $34.62 |
| Manitoba | $25.00 | $30.00 |
| New Brunswick | $24.04 | $28.85 |
| Newfoundland and Labrador | $26.00 | $31.20 |
| Northwest Territories | $39.24 | $47.09 |
| Nova Scotia | $24.00 | $28.80 |
| Nunavut | $35.00 | $42.00 |
| Ontario | $28.39 | $34.07 |
| Prince Edward Island | $24.00 | $28.80 |
| Quebec | $27.47 | $32.96 |
| Saskatchewan | $27.00 | $32.40 |
| Yukon | $36.00 | $43.20 |
The 2024 updates to Canada LMIA Work Permit Wages represent a pivotal step in improving employment standards and opportunities for foreign workers. With higher earning potential and enhanced immigration prospects, these changes pave the way for a brighter future for skilled migrants. Employers, on the other hand, must adapt to these new requirements to remain compliant and competitive.
If you’re looking for expert guidance, Navigate Migrate is here to help. From understanding the new wage thresholds to preparing your LMIA application, we offer the expertise you need to succeed. Contact the Best Canada Immigration Consultants today and make your Canadian dream a reality.
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