Toronto 
The minimum wage is the least hourly wage employees must be paid, and it varies from province to province.
The minimum wage will be increasing in some of the provinces and territories this year. Here is the list of upcoming changes and the minimum wage in Canada for 2023:
2023 Minimum Wage Across Provinces and Territories
- Alberta: $15 per hour (effective June 26, 2019). The minimum wage for students under 18 is $13/hour.
- British Columbia: $15.65 per hour (effective June 1, 2022). The minimum wage will increase to $16.75 on June 1, 2023
- Manitoba: $13.50 (effective October 1, 2022). The minimum wage will increase to $14.15 on April 1, 2023, and $15 on October 1, 2023.
- New Brunswick: $13.75 per hour (effective October 1, 2022). The minimum overtime wage is $20.63 per hour. The minimum wage will increase to $14.75 on April 1, 2023. Subsequently, the rate will be adjusted in accordance with the Consumer Price Index of New Brunswick.
- Newfoundland and Labrador: $13.70 per hour (effective October 1, 2022). On April 1, 2023, the minimum wage will increase to $14.50 per hour. On October 1, 2023, it will increase by another 50 cents, bringing it to $15.00 per hour.
- Nova Scotia: $13.60 (effective October 1, 2022). The minimum wage will increase to $14.50 (updated) on April 1, 2023, $15 on October 1, 2023 (updated), and $14.50 plus national CPI percentage + 1 per cent on April 1, 2024.
- Ontario: $15.50 per hour (effective October 1, 2022). The minimum wage for students under 18 is $14.60 per hour. On October 1st, the minimum wage will increase to $16.55 per hour.
- Prince Edward Island: $14.50 per hour (effective January 1, 2023). On October 1st, the minimum wage will increase to $15 per hour.
- Quebec: $14.25 (effective May 1, 2022).
- Saskatchewan: $13.00 (effective October 1, 2022). The minimum wage will increase to $14 per hour on October 1, 2023. It will increase to $15 per hour on October 1, 2024.
- Yukon: $15.70 (effective April 1, 2022). The minimum wage increases annually on April 1, 2023 based on Consumer Price Index (CPI) to $16.77.
- Northwest Territories: $15.20 (effective September 1, 2021). Beginning September 1, 2023, the minimum wage will be adjusted annually using a formula based on the percentage change in the Consumer Price Index (CPI) for Yellowknife and the percentage change in the average hourly wage (AHW) in the NWT for the preceding calendar year.
- Nunavut: $16.00 (effective April 1, 2020.)
The federal minimum wage is $15.55 per hour (effective April 1, 2022). It will increase to $16.65 per hour on April 1, 2023.
Federally regulated employers must pay an employee the higher minimum wage if the minimum wage in that province is higher than the federal minimum wage.
The Bank of Canada rate is too low. The Bank of Canada rate was always higher than American interest rates for two hundreds years straight running until Stephen Poloz got into power. The full blame for inflation should be put squarely on him.
I live in Germany. All of you who have the opportunity to come to Europe, I urge you to do so. There are many countries in Europe where you earn much better than in Canada.
Snjezana Kovacevic, better come and work in Europe. In Germany you earn much better than in Canada. And in Switzerland, England, Ireland, Luxemburg…etc, it is much better than in Canada.
This minimum wage that we have in Ontario is very sad not even being able to survive with all the inflation and its just getting worse
Slave wages is correct with today’s level of inflation. $20/hr is more like it.
$15.65 per hr is slave pay as far as im concerned, even at 75 years i would not work for so little, i have 50 years if experience to give an employer.