Federal minimum salary emerging to $15.55 in keeping with hour in April

TORONTO —
Employment and Social Growth Canada (ESDC) has offered that the federal minimum salary will make stronger from $15 to $15.55 in keeping with hour on April 1, 2022.

The federal minimum salary only applies to those operating in federally-regulated industries, similar to banks, postal suppliers, interprovincial transportation and federal Crown corporations. For staff operating in industries that aren’t regulated via the federal government, the provincial minimum salary applies.

ESDC says the 55-cent minimum salary make stronger presentations the 3.4 in keeping with cent make stronger inside the yearly not unusual shopper price index from 2021, as reported via Statistics Canada.

In provinces and territories that have the following minimum salary than the federal value, the higher salary will follow. Right now, that only applies to Nunavut, which has a minimum salary of $16 in keeping with hour. Yukon will also be rising its minimum salary to $15.70 in keeping with hour on April 1.

Other provinces introducing larger minimum wages on April 1 include P.E.I., New Brunswick, Newfoundland and Labrador and Nova Scotia. Ontario hiked its minimum salary to $15 in keeping with hour on Jan. 1 while Quebec’s minimum salary will cross up to $14.25 on May just 1.

However, advocates say those will build up aren’t enough to account for the cost of living in maximum communities. Living Salary Canada says wages need to be on the very least $20.52 in keeping with hour in Vancouver, $18.60 in Calgary, $22.08 in Toronto and $18.60 in Ottawa for operating families to cover basic expenses.  

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