Market Intelligence Reports

Global Market Report Q4 2021

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17 Canada 19,170 16,102 18,557 18,486 19,087 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 5.5% 13.0% 8.9% 8.1% 6.7% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 Q4 2021 Total Labor Force (000s) 20,457 Employed Workers (000s) 19,087 Unemployed Workers (000s) 1,371 Unemployment Rate 6.7% Working Population (in Thousands) Over Time Unemployment Rate Over Time 80% - First Vaccine Dose (December 2021) Covid Update All federally regulated workers and public servants must be vaccinated. Regulations vary by province and many private companies also require vaccines. 14% 27% 15% 0% 25% 50% 75% Employer Tax Profit Tax VAT Canada Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $3,806 $3,736 $11.98 $0 $5 $10 $15 $0 $2,500 $5,000 Average Wage Manufacturing Wage Minimum Wage Canada Regional Average Hiring Demand Trend by Experience Level Labor Force Statistics Year on year wage inflation in September '21 was 2.6%. New federal minimum wage of $15 an hour to be implemented by the end of the year. Canada had over 732K open vacancies in June '21. TalentNeuron Monthly Hourly Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/ https://www150.statcan.gc.ca

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