Federal Min. Wage Rises to $16.65 on April 1

Employment and Social Development Canada

Every Canadian deserves a real and fair chance at success. Yet some Canadian workers still struggle financially while working part-time, temporary and low- or minimum-wage jobs.

To keep pace with inflation, the federal minimum wage will increase from $15.55 to $16.65 per hour on April 1, 2023. Based on the Consumer Price Index, which rose 6.8% in 2022, the increase will help make life more affordable for the approximately 26,000 Canadian workers who earn less than the current rate.

Federally regulated private-sector employers must adjust their payroll information with the new rate to ensure workers and interns are paid correctly as of April 1. Where the provincial or territorial minimum wage rate is higher than the federal minimum wage, employers must apply the higher rate.

The federal minimum wage applies to the federally regulated private sectors, including banks, postal and courier services, and interprovincial air, rail, road, and marine transportation.

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.