Revised Minimum Hourly Wage Rates Summary as of April 1, 2024
In response to the rising cost of living, the federal minimum wage in Canada will undergo an adjustment, increasing from $16.65 to $17.30 per hour, effective April 1, 2024. This adjustment, aligned with a 3.9% increase in the country’s annual average Consumer Price Index for 2023, aims to mitigate the impact of inflation.
Employment and Social Development Canada (ESDC) has announced the federal minimum wage increase to $17.30 per hour as of April 1, 2024, marking a substantial rise from the previous year’s adjustment, which elevated the minimum wage from $15.55 to $16.65 per hour.
Ref: https://www.canada.ca/en/employment-social-development/news/2024/03/federal-minimum-wage-rising-to-1730-per-hour-on-april-1.html
Alongside the federal increase, several provinces are either raising their minimum wage or have plans to do so in 2024. However, not all Canadian workers will experience a wage hike, as some provinces have not announced any changes.
Current Minimum Wage across Canada
Provinces with Minimum Wage Increases or Planned Increases in 2024:
- New Brunswick: $15.30, effective April 1, 2024
- Newfoundland & Labrador: $15.60, effective April 1, 2024
- Nova Scotia: $15.20, effective April 1, 2024
- PEI: $15.40, effective April 1, 2024 (to rise to $16 on October 1, 2024)
- Yukon: $17.59, effective April 1, 2024
- British Columbia: $16.75 (to increase to $17.40 on June 1, 2024)
- Ontario: $16.55 (to increase to $17.20 on October 1, 2024)
- Quebec: $15.25 (to increase to $15.75 on May 1, 2024)
- Saskatchewan: $14.00, effective October 1, 2023 (to increase to $15 on October 1, 2024)
No Change:
- Alberta: $15.00, effective October 1, 2018 (Alberta has maintained its minimum wage since June 2019)
- Manitoba: $15.30, effective October 1, 2023
- Northwest Territories: $26.05, effective September 1, 2023
- Nunavut: $19.00, effective January 1, 2024
