According to Employment and Social Development Canada (ESDC), the federal minimum wage is set to reach $17.30 per hour, effective Monday, April 1, ...
According to Employment and Social Development Canada , the federal minimum wage is set to reach $17.30 per hour,On the same date last year, the government raised the federal hourly minimum wage from $15.55 to $16.65.Statistics Canada reports that the CPI rose 3.9 per cent on an annual average basis in 2023, following a 40-year high increase of 6.8 per cent in 2022 and a 3.4 per cent increase in 2021.
The agency noted in January that"aside from 2022, the annual average increase in 2023 is the largest since 1991." Per Canadian law firm Samfiru Tumarkin LLP, the federal minimum wage applies to employees and interns working in the federally regulated private sector, including businesses like banks, telecommunications companies, and interprovincial air, marine, rail and road transportation.Many provinces are also raising their hourly minimum wages on April 1, including New Brunswick , Yukon , Newfoundland and Labrador , and Nova Scotia and Prince Edward Island .
Alberta will not raise its minimum wage, becoming the province that has gone the longest without one, last raising it in June 2019. Other territories and provinces going without a minimum wage increase include the Northwest Territories, Nunavut and Quebec.that if the minimum wage in a province or territory is higher than the federal number, federally regulated employers in the province must apply the higher rate.Lead photo by
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