Since April 2022, the current federal minimum wage is $15.55, meaning that an employee should be paid at least the federal minimum wage, unless they work in an industry that is not federally regulated – then the provincial minimum wage applies to them. On the other hand, if the rate of the province or territory where the employee usually works is higher than the federal minimum wage, the employer must pay the higher minimum wage.
Consult the current and forthcoming general minimum wage rates in Canada with the table below.
Note: In most jurisdictions, these rates also apply to young workers, but you can consult more information about special rates for young workers here.
Do you think that the minimum wage updates are keeping up with inflation in the province you live in? Tell us in the comments section below.
Sources:
“General Minimum Wage Rates in Canada for 2023” ?
Sign Up Today! HCM DIALOGUE is more than just a news source – it’s a place for Finance, HR and Payroll professionals to come together and share their expertise.
There was a very recent change to the Nova Scotia minimum wage rates as the increases have been accelerated to reflect the following:
April 1, 2023 – $14.50
October 1, 2023 – $15.00
With Ontario being one of the most expensive provinces to live in, I think there is still a significant gap between minimum wage and the cost of living