Sukhdev Toor, Manga Hotels, and a family vision for the future
FEATURE PROFILE: Feature from the FALL 2024 ISSUE of STAY Magazine
As of October 1, 2024, numerous provinces and territories across Canada have made significant adjustments to their minimum wage rates in response to rising inflation and ongoing cost of living challenges.
Alberta: Alberta's minimum wage has been frozen at $15 per hour since 2018, while a “student” minimum wage was created in 2019 at $13 per hour.
Ontario: Ontario increased its minimum wage to $17.20 per hour on October 1, 2024, which represents a 3.9 per cent increase from the previous rate of $16.55 per hour. This change was implemented to keep pace with inflation, and Ontario's minimum wage is now the second highest among the provinces, just behind British Columbia, which has a rate of $17.40 per hour.
British Columbia: The minimum wage in British Columbia rose to $17.40 per hour on June 1, 2024. The increase was aligned with the province's average inflation rate, ensuring that wages keep up with the cost of living.
New Brunswick: Effective April 1, 2024, New Brunswick raised its minimum wage from $14.75 to $15.30 per hour. This increase positions New Brunswick above Nova Scotia in terms of wage rate but remains below the estimated living wage in many cities.
Nova Scotia: On April 1, 2024, Nova Scotia increased its minimum wage to $15.20 per hour, part of ongoing increases linked to inflation. The adjustments aim to offer financial relief to low-income workers.
Prince Edward Island (P.E.I.): The minimum wage in P.E.I. increased to $16.00 per hour on October 1, 2024, in line with other Atlantic provinces.
Newfoundland and Labrador: The province's minimum wage is set at $15.60 per hour.
Saskatchewan: Saskatchewan increased its minimum wage to $15.00 per hour on October 1, 2024, aligning with a broader national trend of raising minimum wages to match inflation rates.
Manitoba: Manitoba's minimum wage was raised by 50 cents, bringing it to $15.80 per hour on October 1, 2024. This increase followed an annual adjustment in line with inflation.
Quebec: Quebec raised its minimum wage to $15.75 per hour on May 1, 2024. While this benefited nearly 299,000 workers, labour groups have argued that it is insufficient given the province's high inflation.
Yukon: The minimum wage in Yukon increased to $17.59 per hour as of March 13, 2024, maintaining one of the highest minimum wages in Canada due to the higher cost of living in this remote territory.
Northwest Territories: The minimum wage in the Northwest Territories was adjusted on September 1 to $16.70 per hour. There are ongoing reviews to ensure that wages adjust accordingly with inflation.
Nunavut: Nunavut’s minimum wage stands at $19.00 per hour, one of the highest in Canada, due to the high cost of living associated with the territory’s remote nature and cost of goods.
Federally regulated sectors: For workers in federally regulated sectors, the minimum wage increased to $17.30 per hour as of April 1, 2024, up from $16.65. This adjustment aligns with the Consumer Price Index, covering sectors like air transport, banking, telecommunications, and postal services.
FEATURE PROFILE: Feature from the FALL 2024 ISSUE of STAY Magazine
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