The Highest Minimum Wage In Canada 2022

In an effort to help close the income inequality gap, Most of the provinces in Canada will be raising their minimum wage to $15/hour by the end of 2022. This is great news for workers in Canada, as it will mean a much-needed pay increase.

However, some business owners are concerned that this could lead to job losses and increased costs. Alberta was the first province in Canada to raise its minimum wage to $15 per hour in October 2018. Recently as of January 1st, 2022, Ontario has joined the rank.

What Are the Pros and Cons of Raising the Minimum Wage

There are many arguments for and against raising the minimum wage, but it is important to consider the counter-arguments. The pros of raising the minimum wage are that it would benefit employees who currently make less than $15 an hour. It would also help stimulate economic activity by putting more money into the hands of people who will spend it on goods and services locally.

However, there are some disadvantages to raising the minimum wage. The rising minimum wage will increase prices for consumers. Higher minimum wages are likely to lead to higher prices in the long run. This is because minimum wages are usually priced into the products made with the minimum wage. Higher minimum wages can also cause job losses.

The Highest Minimum Wage In Canada 2022

1. Alberta ( $15/hour)

Minimum Wage: $15 per hour. Effective as of October 1, 2018. View more information.

2. British Columbia ($15.20/hour)

Minimum Wage: $15.20 per hour. Effective as of June 1, 2021. View more information.

3. Manitoba ($11.95/hour)

Minimum Wage: $11.95 per hour. Effective as of October 1, 2021. The minimum wage in MB has adjusted annually on October 1 based on the inflation rate. View more information.

4. New Brunswick ($11.75/hour)

Minimum Wage:$11.75 per hour. Effective as of April 1, 2021. The minimum wage in NB will rise to $12.75 on April 1, 2022, and to $13.75 on October 1, 2022. View more information.

5. Newfoundland & Labrador ($12.75/hour)

Minimum Wage: $12.75 per hour. Effective as of October 1, 2021. The minimum wage in Nfld will be adjusted annually on April 1 relative to the Consumer Price Index. View more information.

6. Northwest Territories ($15.20/hour)

Minimum wage: $15.20 per hour. Effective as of September 1, 2021. NWT’s minimum wage is reviewed by the committee every two years. View more information.

7. Nova Scotia ($12.95/ hour)

Minimum wage: $12.95 per hour. Effective as of April 1, 2021. The minimum wage in NS will be adjusted annually on April 1 relative to the Consumer Price Index. View more information.

8. Nunavut ($16/hour)

Minimum wage: $16 per hour. Effective as of April 1, 2020. The minimum wage in NU is reviewed annually on April 1. View more information.

9. Ontario ($15/hour)

Minimum wage: $15 per hour. in 2021, Ontario Premier Doug Ford announced that Ontario’s minimum wage would increase to $15 per hour. The change was implemented on January 1, 2022. Before 2022, the minimum wage in Ontario was $14.25 per hour.

10. Prince Edward Island ($13/hour)

Minimum wage: $13 per hour. Effective as of April 1, 2021. View more information.

11.Quebec ($13.50/hour)

Minimum wage: $13.5 per hour. Effective as of May 1, 2021. View more information.

12. Saskatchewan ($11.81/hour

Minimum wage: $11.81 per hour.Effective as of October 1, 2021. The minimum wage is adjusted annually on October 1 relative to the Consumer Price Index. View more information.

13. Yukon

Minimum wage: $15.20 per hour. Effective as of April 1, 2021. The minimum wage is adjusted on April 1 of each year relative to the Consumer Price Index. View more information.

The Highest Minimum Wage In Canada 2022