Prabmeet Sarkaria Net Worth 2022, Wife, Age, Children, Height, Salary, Family, Parents, Office

Prabmeet Sarkaria

Read the complete write-up of Prabmeet Sarkaria net worth, age, wife, children, height, family, parents, salary, office as well as other information you need to know.

Introduction

Prabmeet Sarkaria is a Canadian lawyer and politician who is the president of the Treasury Board of Ontario since June 18, 2021. He has sat as a member of the Provincial Parliament (MPP) for the riding of Brampton South since the 2018 Ontario provincial election, representing the Progressive Conservative (PC) Party. He was the associate minister of small business and red tape reduction from 2019 to 2021. Sarkaria is the first turban-wearing Sikh Cabinet minister in Ontario.

Early life

NamePrabmeet Sarkaria
Net Worth$4 million
Salary$1.5 million+
OccupationPolitician, Lawyer
Age33 years
Height1.75m
Prabmeet Sarkaria net worth

Prabmeet Singh Sarkaria MPP was born on August 2, 1988 (age 33 years) in Brampton, Ontario, Canada. He is a Sikh and grew up along with his parents and siblings in Brampton, Ontario. His parents immigrated from Punjab, India in the 1980s. His father drove a taxi and his mother worked in a factory until they later became small business owners, after purchasing an inn outside of Orangeville.

Sarkaria studied finance at Wilfrid Laurier University and after working at TD Securities, Sarkaria completed his law degree at the University of Windsor. He worked at Miller Thomson as an associate corporate lawyer until his election.

He is an avid sports fan and a supporter of the Toronto Raptors. In one interview, he admitted to having Raptor’s championship banners and a basketball hoop in his ministerial office.

Career

Prabmeet Sarkaria served on the City of Brampton’s Property Standards Committee and was an organizer for the annual Hockey for Humanity tournament before entering provincial politics. He was also the former Ontario Vice President of the World Sikh Organization, an organization that advocates for the Sikh community diaspora.

Sarkaria was nominated to be the Ontario Progressive Conservative Party’s candidate for Brampton South on December 8, 2016. Prior to his appointment to the Ontario Cabinet, Sarkaria was the chair of the Select Committee on Financial Transparency and also served on the Standing Committee on Justice Policy.

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He also previously served as the parliamentary assistant to the solicitor general (formerly known as the minister of community safety and correctional services). He stepped down as the parliamentary assistant to the solicitor general on June 20, 2019, when he was appointed to the Executive Council of Ontario as the new associate minister of small business and red tape reduction.

Prabmeet Sarkaria led the government’s bi-annual red tape reduction packages which have become a hallmark of the Ford government. Sarkaria twice received the grade of “A-“ in the Canadian Federation for Independent Business’s annual report card for red tape reduction, the highest grade the province has ever received.

Sarkaria was specifically recognized for regulatory transparency in his annual report, well as the passage of the province’s red tape reduction legislation, the Modernizing Ontario for People and Businesses Act, 2020 and two regulatory modernization bills, the Better for People, Smarter for Business Act 2019 and 2020.

In 2021, Sarkaria stated that his government has actions have resulted in a 4.2% reduction in outdated or duplicative regulations and annual savings to the business of $331 million.

His profile in Ontario politics significantly increased as he served as the minister responsible for small businesses during the COVID-19 pandemic, a critical time for small businesses throughout the country. Sarkaria became a regular at Premier Ford’s media briefings which were daily throughout most of 2020.

At the beginning of the pandemic, Prabmeet Sarkaria launched a Tackling the Barriers portal for small businesses to suggest ideas to the province regarding changes that would help them tackle the challenges of COVID-19. Ideas received, resulted in over 50 permanent and temporary changes to assist businesses, including permitting 24-hour truck deliveries to grocery stores and pharmacies, tax deferrals and most notably, permitting restaurants to offer alcohol with takeout and delivery orders.

Prabmeet Sarkaria introduced three pieces of legislation to assist small businesses with the challenges of COVID-19 and launched two grant programs, a general up to $20,000 small business grant and a second which focused on refunding small businesses for personal protective equipment costs.

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Sarkaria’s Supporting Local Restaurants Act, 2020 received significant attention as it capped fees charged by delivery apps to restaurants during the pandemic; a first in the country, which was later replicated in other provinces.

Other works

Prabmeet Sarkaria continued to support the province’s efforts to recover from the COVID-19 pandemic as President of the Treasury Board of Ontario. Sarkaria oversees the work of the Treasury Board with a focus on expenditure management and fiscal responsibility.

Wife

Prabmeet Sarkaria is married to his longtime girlfriend Sarpreet Sarkaria, they had their wedding in the 2000s. His wife is a private person and they had their first child, a daughter named Deyva Sarkaria, in May 2020. The couple currently lives in a private house in Brampton, Ontario. As of mid-2022, Sarkaria and his wife Sarpreer are still married and living a cool life with their daughter.

Prabmeet Sarkaria net worth

How much is Prabmeet Sarkaria worth? Prabmeet Sarkaria net worth is estimated at around $4 million. His main source of income is from his career as a lawyer and politician. Sarkaria salary and other career earnings are over $1.5 million annually. He is one of the richest and influential politicians in Canada. Sarkaria stands at an appealing height of 1.75m and has a good body weight that suits his personality.