The Canadian government will be increasing the federal minimum wage by $1.10 starting next month.
Employment and Social Development Canada says the hourly wage will rise from $15.55 to $16.65 as of April 1.
The federal agency says the boost in pay was implemented to keep up with inflation.
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“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,” reads a news release from the government issued on Tuesday.
This move is also based on the Consumer Price Index, which rose 6.8 per cent in 2022. According to the government, “the increase will help make life more affordable for the approximately 26,000 Canadian workers who earn less than the current rate.”
The federal minimum wage will apply to federally regulated private sector employees, such as workers in banks, postal and courier services, and interprovincial air, rail, road, and marine transportation.
Ontario’s current minimum wage is $15.50 per hour.
