The Hourly Wage rate is provided by the Canadian government to its working population. This rate is set so that no citizen will be paid less than that amount. This guarantees the stability of the nation’s inflation and cost of living. Employers are not allowed to pay less than this Minimum Hourly Wage. The Canadian government established the Minimum Wage rate in 2021. Every year, this wage rate is reviewed or adjusted based on an assessment of Canada’s Average Consumer Price Index. The National Hourly wage in the nation will rise as of 2021. In addition to talking about the wage rates increase per province, we will examine Canada Hourly Wage Increase July 2024. In this post, we’ll examine the most recent changes to the Hourly wage rate.
Canada Hourly Wage Increase July 2024
The cost of living in the nation increases in accordance with the country’s rising inflation. The Canadian government maintains the national hourly wage rate in reaction to this. The federal minimum hourly wage in Canada has not decreased. If the province’s hourly wage rate is less than the national hourly wage rate, the employer is required to pay the higher hourly wage rate. We will review the most recent changes to the federal hourly wage rate as well as the wage rates by province in this post. We’ll talk about how low-paying occupations affect Canadian workers and how this increase affects workers. Check Canada Hourly Wage Increase July 2024.
CA Hourly Wage Increase 2024- Overview
| Title | Canada Hourly Wage Increase July 2024 |
| Year | 2024 |
| Month | July |
| Country | Canada |
| Name of the Organisation | Employment & Social Development Canada |
| Federal Hourly Wage Rate Increase 2024 | 17.30 per Hour |
| Applicable on | 1st April, 2024 |
| Province Hourly Wage Rate Increase 2024 | Check Post |
| Post Category | Employment |
| Canada Hourly Wage Increase Payment Date 2024 | Check Post |
| Category | Finance |
| Official Web page | www.canada.ca |
Check Federal Hourly Wage Rate Increase 2024
The purpose of the Federal Hourly Wage Rate is to balance the nation’s inflation rate. No employee will receive inadequate pay, thanks to the Federal Hourly Wage rate. The Federal Wage Rate per Hour increased from $16.65 to $17.30 on April 1, 2024. This indicates a 3.9% increase in the average CPI for 2023. Check Federal Hourly Wage Rate Increase 2024 here:
| Year | Federal Hourly Wage Rate Increase 2024 |
| 2024 | $17.30 |
| 2023 | $16.65 |
| 2022 | $15.55 |
Here’s Province Hourly Wage Rate Increase 2024
Each province has distinct Hourly wage rates and these rates are based on the employment and population of that province. The workers moved to the high paying hourly wage provinces so that they can cope with inflation and high living costs. Also these workers want to have savings in these provinces. Here we will see some provinces hourly wage rates and also we will see when these rates will increase and from how much dollars these wages will rise.
| Province | Province Hourly Wage Rate Increase 2024 | Implementation Date |
| Alberta | $15.00 | 1st October 2018 |
| British Columbia | $17.40 | 1st June 2024 |
| Manitoba | $15.30 | 1st October 2023 |
| New Brunswick | $15.30 | 1st April 2024 |
| NewFoundland and Labrador | $15.60 | 1st April 2024 |
| Northwest Territories | $16.05 | 1st September 2023 |
| Nova Scotia | $15.20 | 1st April 2024 |
| Nunavut | $19.00 | 1st January 2024 |
| Ontario | $16.55 | 1st October 2023 |
| Prince Edward Island | $15.40 | 1st April 2024 |
| Quebec | $15.75 | 1st May 2024 |
| Saskatchewan | $14.00 | 1st October 2023 |
| Yukon | $17.59 | 1st April 2024 |
Canada Hourly Wage Increase Payment 2024
We will see when these hourly wage rates will increase and from how much dollar these rates will be changed.
| Province Name | Current Hourly Wage Rate 2024 | Hourly Wage Increase 2024 | Hourly Rate Change 2024 | Increase Date 2024 |
| Northwest Territories | $16.05 | $16.70 | $0.65 | 1st September 2024 |
| Manitoba | $15.30 | $15.80 | $0.50 | 1st October 2024 |
| Prince Edward Island | $15.40 | $16.00 | $0.60 | 1st October 2024 |
| Saskatchewan | $14.00 | $15.00 | $1.00 | 1st October 2024 |
| Ontario | $16.55 | $17.20 | $0.65 | 1st October 2024 |
FAQ Related To Canada Hourly Wage Increase July 2024
The citizens who have less wages will benefit from Canada Hourly Wage Increase. This includes the workers, employees, labour and citizens who are employed.
The Hourly Wage rate increase addresses the high living expenses and it ensures that workers will purchase or acquire basic necessities.
The Government will review the Canada Hourly wage on a regular basis to make sure it stays up with the cost of living and inflation. Future modifications will be determined by the state of the economy and labour demands.
Firsty the worker can discuss their issue with their employer. Following that, they have the option to lodge a grievance with the province labour standard.
John Wick is a Media and Finance editor, passionate about writing and editing content related to finance and taxes. He has achieved dual degree in Mass Media and Finance From one of the top universities in the World. He is keen to learn new things and changes which take place in the world of Finance and stocks.