Starting October 1, 2024, four Canadian provinces—Ontario, Manitoba, Saskatchewan, and Prince Edward Island—will see significant minimum wage increases as part of their annual reviews to keep up with inflation and the cost of living.
Ontario:
In Ontario, the minimum wage will rise from $16.55 to $17.20 per hour, a 3.93% increase. This change is based on the Ontario Consumer Price Index and is part of the province’s ongoing efforts to align wages with the cost of living. Special wage categories in Ontario will also see adjustments. For instance, the wage for students under 18 working part-time will rise to $16.20 per hour, while homeworkers will see an increase from $18.20 to $18.90 per hour. Wilderness guides will also receive updated daily rates.
Manitoba:
Manitoba will raise its minimum wage from $15.30 to $15.80 per hour, continuing its efforts to align wages with inflation. This follows two previous increases in 2023, as the province adjusts wages annually based on the Consumer Price Index (CPI).
Saskatchewan:
Saskatchewan’s minimum wage will increase from $14.00 to $15.00 per hour, representing a 7.14% hike. This marks another step in the province’s strategy to gradually raise wages to support workers amid rising living costs.
Prince Edward Island:
On October 1, Prince Edward Island will increase its minimum wage from $15.40 to $16.00 per hour, reflecting its commitment to support workers dealing with the increasing costs of goods and services(
These changes across the four provinces reflect a national trend in Canada, where governments are adjusting minimum wages annually to address economic pressures such as inflation and living costs. British Columbia currently leads with the highest minimum wage at $17.40 per hour.