Canada Hourly Wage Increase in 2024: The Canadian government is expected to increase the minimum hourly wage for workers in the country to improve the lifestyle of workers and meet their basic needs. Currently, each province pays different hourly wages to workers in its area depending on inflation, cost of living, and other expenses.
Therefore, if you live or work in Canada, this information is very useful for you as we share all the important results of Canada Hourly Wage Increase in 2024, including the latest minimum wage in Canada, the eligibility criteria for receiving the minimum wage, wages, Canadian hourly wage increase rate by province, and more.
In 2024, the hourly wage in Canada was adjusted in various provinces to reflect the changing economic situation and cost of living. The federal minimum wage was increased to $16.65 per hour, making it the benchmark for workers across the country. However, minimum wages vary from province to province. Ontario has set a higher rate of $17.20 per hour due to the higher standard of living, especially in cities like Toronto. In contrast, provinces such as Saskatchewan and Newfoundland and Labrador have lower minimum wages, at around $15.00 to $15.50 per hour.
Beyond the minimum wage, many industries, especially technology, healthcare, and skilled trades, have significantly higher hourly wages, often exceeding $30 per hour depending on experience and location. These wage adjustments underpin our ongoing efforts to offset rising costs of living and ensure fair compensation for workers in a dynamic labor market.
Canada Hourly Wage Increases for 2024
The Canadian government works for the well-being of its citizens. Many citizens who participate in various social programs, including CPP, OPS, and others, have reported receiving increases in their upcoming payments in Canada. Apart from this, citizens currently working in Canada are also receiving news about the hourly wage increase in 2024 from various platforms.
The hourly wage is not controlled by the central government of the country, but by each province according to the adjustment of inflation and cost of living. Therefore, depending on the situation, each province will introduce a new hourly wage in 2024.
For example, British Columbia will increase the minimum wage to $17.40 on June 1, 2024, the Northwest Territories of Canada will pay a new $16.05 from September 1, 2024, and Ontario will increase the wage to $16.55 from October 1, 2024.
you can check the details of each province in the country on the official website and know the latest minimum hourly wage in Canada.
Minimum Hourly Wage in Canada by Province in 2024
Province | Minimum Hourly Wage | Increasing Date |
Alberta | $15.00 | October 1, 2018. |
British Columbia | $17.40 | June 1, 2024 |
Manitoba | $15.30 | October 1, 2023 |
New Brunswick | $15.30 | April 1, 2024 |
Newfoundland & Labrador | $15.60 | April 1, 2024 |
Northwest Territories | $16.05 | September 1, 2024 |
Nova Scotia | $15.20 | April 1, 2024 |
Nunavut | $19.00 | January 1, 2024 |
Ontario | $16.55 | October 1, 2024 |
Prince Edward Island | $16.00 | October 1, 2024 |
Quebec | $15.75 | Effective as of May 1, 2024. |
Saskatchewan | $15.00 | October 1, 2024 |
Yukon | $17.59 | April 1, 2024 |
Hourly Wage in Canada in 2024
Minimum wage regulations are controlled by provincial and territorial governments, but it is the federal government that sets the rates for the industries that are federally regulated. The minimum wage ensures that workers are fairly compensated for their work, helping to reduce poverty and income inequality. It also supports economic stability by boosting consumer spending, as higher-paid workers are more willing to spend on goods and services.
In Canada, minimum hourly wages vary by province and territory, with each county setting its own rate, and as of 2024, they are generally between 15 and 16 Canadian dollars per hour. However, the impact on employment is under debate, with some arguing that a high minimum wage could lead to job losses, especially in small and medium-sized businesses.