Saskatchewan Minimum Wage set to Increase $15 per Hour, Still Lowest than other Canadian Provinces

Saskatchewan’s minimum wage is set to rise to $15 an hour on October 1, making it the lowest in the country alongside Alberta. Despite this seven-percent raise, the new wage remains $3.95 per hour short of meeting basic living expenses.

Minister of Labour Relations and Workplace Safety, Don McMorris, highlighted the positive aspects of the increase, stating it is “one way we’re supporting workers in this province.” He also emphasized Saskatchewan’s low personal taxes, positioning the province as a desirable place to live and work.

Opposition critic for economy and jobs, Aleana Young, responded by pointing out the financial stress Saskatchewan residents face. She emphasized that her party, led by Carla Beck, aims to ensure higher paychecks and better support for working people.

While the $15 per hour minimum wage is an improvement from the $11.81 rate in 2021, it still falls short of the living wage. In 2023, the Canadian Centre for Policy Alternatives identified the living wage in Regina as $17.90 per hour and $18.95 per hour in Saskatoon.

Saskatchewan Minimum Wage increase 2024

Craig Pickthorne, the communications director for Living Wage Canada, noted that despite the seven-percent raise, the new minimum wage is insufficient for covering basic expenses in Saskatchewan’s major cities. He stressed that a full-time minimum wage job in Regina or Saskatoon still wouldn’t allow workers to make ends meet.

Canada Hourly Wage Increase 2024: What You Need to Know

Canada Minimum Wage: Province-by-Province Breakdown (2024)

Canada Average Income 2024: What is the Monthly and Annual Income in Canada?

Will $500 Saskatchewan Affordability Tax Credit Cheque Return in 2024? Here’s What You Should Know!

Saskatchewan Teachers’ Federation (STF) Strike Update: Tentative Deal Reached, Vote Pending

The Saskatchewan Federation of Labour (SFL) criticized the announcement, calling it “self-applauding.” They pointed out that, since 2018, the average wage in Saskatchewan, adjusted for inflation, has decreased by nearly six percent, while real wages in Manitoba have increased by 18 percent.

Saskatoon’s Chamber of Commerce expressed concern about the potential impact on businesses, anticipating that the increased labor costs would be passed on to consumers. Margot Orr, the director of policy and government relations, highlighted the challenges faced by business owners dealing with rising operational costs and slim profit margins.

About Sophie Wilson 704 Articles
Sophie Wilson is a finance professional with a strong academic background, having studied at the University of Toronto. Her expertise in finance is complemented by a solid foundation in analytical and strategic thinking, making her a valuable asset in the financial sector.

3 Trackbacks / Pingbacks

  1. $23.86/Hour Ontario New Minimum Wage Boost For 2024: Who Qualifies And What You Need To Know
  2. Will $500 Saskatchewan Affordability Tax Credit Cheque Return In 2024? Here's What You Should Know!
  3. New Minimum Wage Hike In 4 Canadian Provinces

Leave a Reply

Your email address will not be published.


*