Le Lézard
Classified in: Business
Subject: CFG

Federal minimum wage rising to $17.30 per hour on April 1


GATINEAU, QC, March 21, 2024 /CNW/ - 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 up with the cost of living, the federal minimum wage will increase from $16.65 to $17.30 per hour on April 1, 2024. This adjustment reflects the 3.9% increase in Canada's annual average Consumer Price Index for 2023 and is aligned with inflation.

Approximately 30,000 employees in the federally regulated private sector will benefit from this raise. Employers are required to adjust their payroll information accordingly to ensure that all employees, including interns, receive the correct hourly wage starting April 1, 2024. Should the provincial or territorial minimum wage rate exceed the federal rate, employers must pay the higher of the two.

For more information, please refer to the Pay and minimum wage, deductions, and wage recovery webpage or contact the Labour Program at 1?800?641?4049.

Quote

"Everyone's feeling the pinch of inflation. So, wages must keep up with the cost of living."
? Minister of Labour and Seniors, Seamus O'Regan Jr.

Quick Facts

Follow us on X (Twitter)

SOURCE Employment and Social Development Canada


These press releases may also interest you

at 09:20
On May 9, 2024, Unit Corporation (Company) filed unaudited condensed consolidated financial statements for the three months ended March 31, 2024 with OTC Markets Group Inc. . The Company's current, quarterly, and annual reports may be accessed on...

at 09:15
NaaS Technology Inc. ("NaaS" or the Company"), the first U.S. listed EV charging service company in China, announces that its annual report on Form 20-F for the fiscal year ended December 31, 2023 has been filed with the Securities and Exchange...

at 09:15
Nextworld, a leading provider of enterprise software solutions, proudly announces the addition of Barry Rowan to its Executive Advisory Board. With a broad-based executive background, Barry brings a wealth of experience in financial leadership and...

at 09:15
The Women's National Football Conference (WNFC) and Gridiron Football announced an unprecedented partnership to redefine the future of girls and women in football. This strategic alliance unlocks the full football pipeline for female athletes ? from...

at 09:15
Virtual Vocations, Inc., a leading fully remote job board and career services provider, has published a new...

at 09:15
Taos Ski Valley today announced that it continues to grow its commitment to workforce housing and below-market local housing. In 2018 the resort had three housing units for approximately 20 staff members. This year the resort will expand its...



News published on and distributed by: