Home Depot Raises Pay For Canadian Workers

Home Depot (HD) has announced that it is increasing wages for its hourly workers in Canada.The Atlanta-based home improvement retailer said that every hourly employee will get a raise starting in February, and that, going forward, the starting pay rate will be at least $15 per hour in all Canadian markets. The pay raises also apply to workers at Home Depot locations in the U.S. The pay increase announcement comes as the company reported fourth-quarter earnings that missed Wall Street forecasts, causing its stock to fall 7% in one trading session. Home Depot is the latest retailer to raise pay…