“Wage Hike Alert: Canada’s Federally Regulated Employees to Earn $17.30/Hour Starting April 1”
In a move to support workers in federally regulated sectors, Canada is set to increase the federal minimum wage by 65 cents on April 1, raising it from $16.65 to $17.30 per hour.
This adjustment follows the government’s commitment to annual increases since 2021 to keep pace with inflation. At that time, the Canada federal minimum wage was $15, marking a steady rise over the years.
The increase in the federal minimum wage is based on Canada’s Consumer Price Index (CPI) for the previous calendar year. In 2023, the CPI recorded an annual average increase of 3.9 percent, influencing the upcoming wage adjustment.
Who Is Eligible for the Pay Bump?
The federal minimum wage increase specifically applies to workers in federally regulated industries, which encompass a range of sectors such as air ...