6 Canadian Provinces to Increase Minimum Wage Rate from October 1, 2023

The minimum wage rate in many Canadian provinces will soon go up. Applicable to all employees. No age or hours worked requirement.

Effective October 1, 2023, six of the 10 provinces in Canada will introduce the new minimum wage. In Canada, an employee must be paid a minimum wage rate. In situations where the provincial minimum wage rate is more than the federal minimum wage, the employee must be paid the higher of the two.

The minimum wage rate is the basic amount per hour to be paid by an employer in a province. To be hired, an employee must be paid at least the minimum remuneration. An employer cannot pay less than the set minimum wage rate.

Alberta has not increased the minimum wage rate in the recent past. On April 1, 2023, the Canadian Government increased the federal minimum wage to $16.65.

Ontario: New minimum wage rate

Effective October 1, 2023, employees working in Ontario will be paid a minimum hourly wage rate of $16.55 per hour. This marks an increase of $1.05 over the existing rate of $15.50 per hour.

With the change, a person earning the minimum wage and working for 40 hours a week will see their annual salary increased by more than $2,000.

Manitoba: New minimum wage rate

From October 1, 2023, the minimum wage rate in Manitoba will go up to $15.30 per hour from the existing rate of $14.15. This will be an increase of $1.15.

Newfoundland and Labrador: New minimum wage rate

NL province in Canada is raising the minimum wage for the second time in 2023. Earlier, Newfoundland and Labrador increased the minimum wage rate to $14.50 from the previous $13.70 hourly rate.

Effective October 1, 2023, the new minimum wage rate will be $15.00 per hour in Newfoundland and Labrador.

Nova Scotia: New minimum wage rate

For the second time in 2023, Nova Scotia is looking at a minimum wage rate in the province. The previous minimum wage rate was on April 1, 2023, when there was a $1.40 increase to $14.50 (from the earlier $ 13.60 per hour).

From October 1, 2023, Nova Scotia will increase the minimum wage for a second time this year - from the existing $14.50 to $15.00 per hour.

Prince Edward Island: New minimum wage rate

Starting October 1, 2023, employees working in PEI will get a minimum wage rate of $15.00 per hour, in place of the present $14.50. PEI has also increased the minimum wage rate the second time in 2023.

Previously, the PEI minimum wage rate was updated to $14.50 from $13.70 per hour.

Saskatchewan: New minimum wage rate

From October 1, 2023, the minimum wage rate will increase to $14.00 an hour in Saskatchewan. As of now, the hourly wage rate is $13.

Which Canadian province has the highest minimum wage rate?

With a rate of $16.75 per hour effective June 1, 2023, British Columbia has the highest minimum wage across Canada.

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