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Home » Kelowna » News » Federal Minimum Wage to Increase by 45 cents on April 1

Federal Minimum Wage to Increase by 45 cents on April 1

Published by To Do Canada On March 3, 2025
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Canada is increasing the federal minimum wage by 45 cents based on the 2024 Consumer Price Index.

image

Joslyn Pickens/Pexels

The federal minimum wage will rise to $17.75 per hour on April 1, 2025, representing a 2.4% increase from the current rate of $17.30.

 

The adjustment is made annually to reflect changes in the Consumer Price Index (CPI) and is rounded to the nearest $0.05.

Since its introduction in 2021, the federal minimum wage in Canada has been adjusted annually to reflect changes in the cost of living. It increased to $15.55 in 2022, followed by $16.65 in 2023. In 2024, the rate rose to $17.30.

The increase applies to workers in federally regulated private sectors like banks, postal and courier services, and interprovincial air, rail, road, and marine transportation, including those in part-time, temporary, and low-wage positions.

Employers in these sectors must update payroll records to comply with the new rate by the effective date. If a province or territory has a higher minimum wage, employers must adhere to the greater amount.

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  • Categories: News Tags: BC, Festival News AB, Festival News ON
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