👉As of October 1, Ontario has increased its minimum wage from $16.55 to $17.20 per hour, following similar adjustments in Prince Edward Island, Manitoba, and Saskatchewan. This change reflects incremental increases linked to inflation. Full-time minimum wage workers in Ontario can expect to gross approximately $35,149.92 annually, but after taxes, this amount reduces to around $29,026. With the average monthly cost of living in Toronto estimated at $3,407.84 for a single person, minimum wage earners struggle to meet basic expenses. Many newcomers to Canada find themselves in minimum wage roles while awaiting recognition of their foreign credentials.✅ . 𝐄𝐱𝐩𝐞𝐫𝐭 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐞- 𝐀𝐭 𝐚 𝐭𝐢𝐦𝐞 𝐚𝐧𝐝 𝐩𝐥𝐚𝐜𝐞 𝐜𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐭 𝐟𝐨𝐫 𝐲𝐨𝐮! 𝐉𝐨𝐦 𝐌𝐚𝐭𝐭𝐚𝐦 𝐌𝐨𝐛𝐢𝐥𝐞 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐨𝐫 +𝟏 𝟔𝟒𝟕 𝟗𝟐𝟎 𝟔𝟓𝟑𝟎 𝐣𝐨𝐦.𝐦𝐚𝐭𝐭𝐚𝐦@𝐜𝐢𝐛𝐜.𝐜𝐨𝐦 @jom_mattam . . #OntarioMinimumWage #CostOfLiving #Newcomers #Inflation #Employment #WageIncrease #TorontoLiving #mnm #malayalisnearmeapp #canadaupdate #canadanews

✅Canada’s Start-Up Visa (SUV) program has seen a significant increase in immigrant entrepreneurs, welcoming 3,010 newcomers by the end of June 2024. This marks a 785.3% rise compared to the same period last year. June alone saw 560 new permanent residents through the SUV, maintaining May’s numbers. British Columbia led with a 34.5% increase in June, offsetting declines in other provinces. Launched in 2015, the SUV program’s popularity has steadily grown, particularly after rebounding from a pandemic-induced slump in 2020. If current trends continue, Canada could see over 6,000 immigrant entrepreneurs by the end of the year. . Source: www.immigration.ca . . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #CanadaImmigration #StartUpVisa #Entrepreneurship #Newcomers #mnm #malayalisnearmeapp #MalayalisNearMe #ImmigrationUpdate #ImmigrationNews #CanadaImmigration

👉Deputy Prime Minister and Finance Minister Chrystia Freeland recently announced several housing affordability measures aimed at aiding first-time buyers and current homeowners. With the recent restrictions on foreign home buyers, newcomers to Canada may wonder if they qualify for these measures. The policies include increased RRSP withdrawal limits and extended mortgage terms, making home ownership more accessible. The Prohibition on the Purchase of Residential Property by Non-Canadians Act, in effect since January 1, 2023, and recently extended to January 1, 2027, restricts non-Canadians from buying residential property, but exceptions exist for certain situations.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #HousingAffordability #Newcomers #Canada #FinanceMinister #HomeOwnership #RRSP #MortgageTerms #ForeignBuyers #mnm #malayalisnearmeapp #canadaupdate #canadanews