Starting June 1, 2025, British Columbia will officially have the highest minimum wage in Canada. The general hourly rate will rise from $17.40 to $17.85, marking a modest 2.6% increase. While this change aims to support low-income workers amid rising inflation, the conversation has quickly shifted toward a deeper issue—affordability in one of Canada’s most...
Tag: minimum wage
New Brunswick Raises Minimum Wage to $15.30 per Hour
On April 2, 2024, New Brunswick took a significant step towards improving the economic well-being of its residents by announcing an increase in the minimum wage to $15.30 per hour. This decision comes as part of the government’s ongoing efforts to enhance affordability and reduce income inequality across the province. Minimum Wage Increases to $15.30...
Canada’s Federal Minimum Wage Increases by 7% on April 1: A Comprehensive Overview
On April 1, 2023, Immigration, Refugees and Citizenship Canada (IRCC) made an announcement to increase the federal minimum wage by 7% to $16.65 per hour in order to keep up with inflation. The surge of $1.10 per hour comes after the 6.8% rise in the consumer price index in 2022. Recently, an announcement was made...
Minimum Wage Rates to Increase in Canada
Minimum wage rates are on the rise in Canada. In 2022, eight provinces and territories have joined the wagon to increase the minimum wage rate, and more are set for the rate bumps by the end of this year. This is great news for the workers looking to see some extra income in their bank...