Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Home Workplace News Federal minimum wage rate in Canada rising to $17.30 an hour on April 1

Federal minimum wage rate in Canada rising to $17.30 an hour on April 1

by HR Law Canada

The federal minimum wage in Canada is rising to $17.30 an hour on April 1, 2024.

This is a 3.9 per cent increase from the current wage rate of $16.65 per hour. That’s in line with the annual average Consumer Price Index for 2023 and reflects efforts to align wages with inflation rates.

The adjustment is expected to benefit approximately 30,000 employees in the federally regulated private sector, Ottawa said in a press release.

It mandates employers to update their payroll systems to ensure that all employees, including interns, are paid the correct hourly wage from the specified date. In instances where provincial or territorial minimum wages exceed the federal rate, employers are obliged to adhere to the higher rate.

The Minister of Labour and Seniors, Seamus O’Regan Jr., emphasized the need for this adjustment, stating, “Everyone’s feeling the pinch of inflation. So, wages must keep up with the cost of living.” This remark underscores the government’s response to the financial pressures facing many Canadians.

Introduced in 2021, the federal minimum wage is subject to annual adjustments based on the previous year’s Consumer Price Index. This systematic approach aims to ensure that wages remain in step with the cost of living. The increase follows previous adjustments, from $15.55 in 2022 to $16.65 in 2023.

The federal government is also implementing several initiatives to promote fairness, inclusivity, and safety in federally regulated workplaces. These include the enforcement of the Pay Equity Act, ensuring equal pay for work of equal value, enhancing job protections for gig workers, and mandating salary data reporting for larger employers to highlight wage gaps. Additionally, the launch of the Equi’Vision website marks a step towards transparency, offering accessible data on workforce representation and pay disparities.

You may also like