Canada remains a beacon of opportunity, drawing ambitious immigrants eager to launch businesses and chase their entrepreneurial dreams. Newcomer entrepreneurs—those in Canada for less than a decade—power over 7% of the nation’s enterprises, yet their path is riddled with obstacles.
On June 1, 2025, British Columbia (BC) will implement a significant adjustment to its minimum wage, increasing it from $17.40 to $17.85 per hour. This 2.6% hike is designed to align wages with the province’s inflation rate, ensuring that earnings keep pace with the rising cost of living. This article delves into the details of this wage increase, its broader implications, and the context within which it has been introduced.
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