Canada’s green tech industry could offer 2500 jobs opportunities
Canada’s green tech industry could offer 2500 jobs opportunities as the development of a five-billion-dollar electric vehicle (EV) battery plant in Windsor, Ontario, has recently gained attention, with reports indicating it will employ 2500 job opportunities by 2025. This aligns with Canada’s commitment to reach net-zero emissions by 2050, emphasizing the importance of green technology to the government and the public.
Earlier this year, the 2023 budget release highlighted the federal government’s proposal to invest significantly in the national clean energy and tech sectors. Alongside a $21 billion injection for a clean, next-generation economy, the 2023 Budget includes approximately $55 billion in tax credits to encourage further investment in these critical sectors.
At the same time, Canadian immigrants are finding more and more job opportunities throughout the country in the green tech industry.
This is a summary of some of the employment programs that have been reported in Canada to support the green tech sector in this country.
Canadian workers may expect an average salary hike of 3.6%
According to a financial consulting firm, Normandin Beaudry study, Canadian workers may expect an average salary hike of 3.6% next year. The survey also indicates that 43% of businesses are considering an extra 1% average salary increase. Industries may witness above-average pay rises including:
- Real Estate,
- Manufacturing, and
- Accommodation and Food Services.
In addition, Quebec, Yukon, Ontario, and British Columbia are predicted to experience salary growth in line with or exceeding the national average, while the rest may receive slightly less. These pay raises and Canada’s top-notch quality of life make it a desirable location for potential newcomers.
Results of the annual salary increase survey were made public by the Canadian financial management consulting firm on Tuesday.
A survey conducted among over 700 organizations revealed that except for salary freezes, employers plan to increase employee wages by an average of 3.6% in 2024.
The consulting firm notes that only 2 percent of businesses anticipate freezing salaries for the upcoming year, which is a similar decline from the 3 to 5 percent average of wage freezes prior to the pandemic.
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