The federal minimum wage in Canada has been increased from $16.65 per hour to $17.30 per hour on April 1, 2024. This pay rise is based on the Consumer Price Index for Canada from 2023 (3.9%), which has been modified to reflect Canada’s yearly inflation rate. The federal minimum wage was set at $15 per hour in December 2021 and will raise annually to keep up with inflation thanks to amendments made to Canada’s Labour Code.
On April 1, 2022, the first increment was implemented. Many provinces are either boosting their minimum wages or want to do so in 2024 in addition to the federal hike. Some provinces have not yet declared Canada Minimum Wage Increase April 2024, thus not all Canadian workers will get an increase in pay. Here i will share List of Canadian Provinces with the raised amount so check it out.
Canada Minimum Wage Increase April 2024
The legal minimum wage is the lowest amount of money a company can provide an employee. While paying less than the minimum wage specified by the Employment Standards Act (ESA), employers are permitted to do so. The minimum wage is applicable to all workers, whether they are full-time, part-time, interns, temporary workers, or paid hourly, on commission, piece rate, flat rate, or salary. If a worker’s pay is totally or partially determined by commission, it must equal the minimum wage for each hour the worker has put in. The ESA’s minimum wage requirements do not apply to some employees in the healthcare, hospitality, transportation, and other sectors of the economy.
Canada Minimum Wage Increase Details
| Post Title | Canada Minimum Wage Increase April 2024 |
| Name of Department | Employment and Social Development Canada (ESDC) |
| Country | Canada |
| Category | Finance News |
| Federal Minimum Wage | $17.30 per hour |
| Official Website | Canada.ca |
What is federal minimum wage?
In Canada, the federal minimum wage is the lowest hourly rate that a company subject to federal regulation is legally permitted to pay its staff. The people who work in the banking, telecommunications, and transportation sectors are among those who are part of the Federally Regulated Private Sector (FRPS).
What is the highest minimum wage in Canada?
The governments of Nunavut and Yukon raised the territorial minimum wage to reflect the cost of living in these regions in an effort to draw in more qualified professionals. The minimum wage for Nunavut territory has been raised from $16.00 to $19.00 per hour. The minimum wage in Yukon is currently $17.59 per hour instead of $16.77. The only territories with a territorial pay greater than the federal minimum wage as of April 1, 2024 are Yukon and Nunavut. Therefore, the pay for federal employees in these territories is $19.00 per hour and $17.59 per hour, respectively.
Federal minimum wage increased from April 1
Pay checks for minimum wage workers in industries subject to federal regulation has been raised. On April 1, Canada raised the federal minimum wage from $16.65 to $17.30 per hour, an increase of 65 cents. Since 2021, the government has gradually increased the federal minimum wage annually to keep up with inflation. The federal minimum wage was $15 at the time. Based on Canada’s Consumer Price Index for the preceding calendar year, the federal minimum wage is raised. The CPI increased by 3.9% year on average in 2023.
Federal Minimum Wage Increases to $17.30 Per Hour in Canada
- As per the Government of Canada on April 1, 2024, the federal minimum wage in Canada increased from $16.65 to $17.30 per hour. This change is in line with inflation and represents the 3.9% yearly average rise in Canada’s Consumer Price Index for 2023.
- This increase will help some 30,000 workers in the privately held industry subject to government regulation. Started on April 1, employers must modify their payroll records to reflect the appropriate hourly salary for all workers, including interns. If the minimum wage of a province or territory is greater than the federal minimum wage, companies are required to pay the higher amount.
- The federal minimum wage was introduced by the Canadian government in 2021. It is yearly adjusted using Canada’s annual average Consumer Price Index for the preceding year’s calendar. 2022 saw an increase in the federal minimum wage to $15.55, and 2023 saw another rise to $16.65.
History of rate increases in Canada
Since 2021, the Canadian government has increased the federal minimum wage annually:
- April 1, 2024 – CAD 17.30 per hour
- April 1, 2023 – CAD 16.65 per hour
- April 1, 2022 – CAD 15.55 per hour
- December 29, 2021 – CAD 15.00 per hour
Current General MWR in Canada By Province
| Name of Province | Wage rate | Effective date |
|---|---|---|
| Alberta | $15 | June 26, 2019 |
| British Columbia | CAD 16.75 | June 1, 2023 |
| Manitoba | $15.30 | October 1, 2023 |
| New Brunswick | CAD 15.30 | April 1, 2024 |
| Newfoundland and Labrador | $15.60 | April 1, 2024 |
| Northwest Territories | CAD 16.05 | September 1, 2023 |
| Nova Scotia | $15.20 | April 1, 2024 |
| Nunavut | $16 | April 1, 2020 |
| Ontario | CAD 16.55 | October 1, 2023 |
| PEI | $15.40 | April 1, 2024 |
| Quebec | CAD 15.25 | May 1, 2023 |
| Saskatchewan | $14 | October 1, 2023 |
| Yukon | CAD 17.59 | April 1, 2024 |
| Federal | $17.30 | April 1, 2024 |
| Our Homepage | PSTET2023.org |
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