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Canadian Dollar (C$, CAD)



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Eastern Canada - UTC - 05:00, Central Canada - UTC - 05:00 / UTC - 06:00, Mountain Canada - UTC - 06:00 / UTC - 07:00

Canada is the world’s 9th-largest economy with a gross domestic product (GDP) of nearly $2 trillion in 2020. Canada’s economy is highly dependent on international trade alongside exports and imports of goods and services. Its largest trading partners are the United States, China and the United Kingdom, and its largest industries are real estate, rental, leasing, manufacturing, mining, quarrying, and oil and gas extraction. With a high rate of retirement of baby boomers and a low rate of millennials with STEM (Science, Technology, Engineering, Mathematics) skill sets entering the workforce, we can expect the Canadian government to continue turning towards mass immigration for highly skilled workers to fill all skill gaps.

How to build a team in Canada

Employers need to follow the strict employment guidelines set forth by the local authorities before they could employ in Canada. This process can be time-consuming as the company first needs a legal entity in the country and it needs to manage payroll, tax, benefits and compliance.

Global payroll solutions make it easy to find and hire top talent in Canada. With one seamless integration and local legal entity, we take care of the compliance matters so that you can start your globelizing plan immediately.

Compliance risk

Risk of misclassification

Canada’s worker classification labour and tax laws distinguish between contractors and full timers. If the individual meets the legal definition of an employee but is classified as a contractor, your company will face penalties.

Let’s not make global expansion overwhelming.
Go global today!

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