Canada is increasing the federal minimum wage by 65 cents based on the 2023 Consumer Price Index.
Effective April 1, 2024, the federal minimum wage will increase from $16.65 to $17.30 per hour, based on the Consumer Price Index.
The federal minimum wage is established under Part III (Labour Standards) of the Canada Labour Code, and was amended to include a federal minimum wage that rises with inflation. This measure came into force on December 29, 2021, with the first adjustment taking place on April 1, 2022.
The federal minimum wage applies to workers and interns in federally regulated private sectors, including banks, postal and courier services, and interprovincial air, rail, road, and marine transportation.
Per the rules, federally regulated private-sector employers must adjust their payroll information to ensure that workers and interns are paid correctly as of April 1, 2024. Where the provincial or territorial minimum wage rate is higher than the federal minimum wage, employers must apply the higher rate.