Go global with Swivelt as we manage your worldwide payroll and hiring talent in

Canada

All countries

Country Details

Currency

Canadian Dollar (CAD)

Official language

English, French

Capital

Ottawa

Is English spoken?

Yes

Time Zone

GMT -5:00 to -8:00

Salary payment frequency

Monthly

General Overview & Economic Facts

Information

Canada has a highly developed and diverse economy, with key sectors including natural resources, manufacturing, technology, and services. The country has a strong labor market and a high standard of living.

Population size

38,000,000

GDP

$2.2T

Inflation level

3.40%

Average earning + minimum wage

Average monthly salary: CAD 4,000 (~USD 3,000); Minimum wage: Varies by province, typically CAD 15–16 per hour

Overview of the labour law

Canada’s labor laws are regulated by both federal and provincial legislation. The Canada Labour Code outlines regulations on employment contracts, health and safety, wages, and termination procedures. Employees are entitled to various protections, including paid vacations and parental leave.

Employment Details

Number of Public Holidays

10 public holidays annually

Working Hours

Standard working hours are 8 hours per day and 40 hours per week; some provinces allow flexible working arrangements.

Benefits
  • Health Insurance
  • Vision Insurance
  • Dental Insurance
  • Pension or 401(K)
  • Mental Health Support
  • Life and Disability Insurance
Overtime

Overtime is compensated at 1.5 times the regular hourly rate for work on regular days, and up to 2 times for work on holidays. Overtime is limited to 48 hours per week.

Notice Period

Notice periods range from 1 to 8 weeks, depending on the length of service and employment contract.

Probation Period

Probation period is typically 3 months, though this can vary by employer.

Severance Pay

Severance pay is based on length of service: 1 week’s pay for each year of service, with a maximum of 8 weeks' pay.

Employee Income tax

Income tax rates are progressive, ranging from 15% to 33% based on income brackets.

Employer Social cost

Employers contribute 7.2% of the employee's salary to Canada Pension Plan (CPP) and Employment Insurance (EI).

Employee Social cost

Employees contribute 5.45% of their salary to Canada Pension Plan (CPP) and Employment Insurance (EI).

Benefit packages

Health Insurance
Vision Insurance
Dental Insurance
Pension or 401(K)
Mental Health Support
Life and Disability Insurance

We use cookies to give you the best experience. Cookie Policy

Let's get the conversation started

Fill up the form and our team will get back to you within 24 business hours.

Connect With us

Fill up the form and our team will get back to you within 24 business hours.

Let's get the conversation started

Fill up the form and our team will get back to you within 24 business hours.

Please confirm your agreement with Swivelt Pte. Ltd. Ltd. Terms and Conditions and Privacy Policy.