Canada’s federal minimum wage is increasing April 1st
- Michael Kras
- 23 Mar 2023
The federal minimum wage in Canada is getting a bit of a boost beginning April 1st, 2023.
According to a release from the Government of Canada, the federal minimum wage is set to increase from $15.55 to $16.65 per hour.
The federal minimum wage is going up on April 1st.
— Seamus O'Regan Jr (@SeamusORegan) March 21, 2023
Look after workers.
Grow the economy.
Create more prosperity.
It’s an increase of $1.10 per hour in a move the feds say is intended to help make life more affordable for the roughly 26,000 Canadian workers who earn less than the current rate.
“The cost of living is rising, so we’re making sure that wages keep going up too,” said Minister of Labour Seamus O’Regan Jr.
“We’re looking after workers, because that’s how you grow the economy and create more prosperity for everyone.”
Federally regulated private-sector employers will be required to adjust their payroll information in line with the new rate as of April 1st.
The new federal minimum wage applies to federally regulated private sectors including banks; postal services; and interprovincial air, rail, and marine transportation.
Read the full release here.
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