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Minimum wage on Prince Edward Island increases to $14.50

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Minimal wage on Prince Edward Island will increase to $14.50

The primary of two will increase that can enhance Prince Edward Island’s minimal wage to $15 by the tip of the yr comes into impact on Sunday.

A information launch from the province’s Division of Financial Development says minimal wage is ready to extend by 80 cents to $14.50 on Jan. 1, and can rise an extra 50 cents on Oct. 1.

The minimal wage enhance for P.E.I. was first introduced within the fall.

The three different Atlantic provinces all raised minimal wage charges in some unspecified time in the future in 2022.

Minimal wages in New Brunswick and Newfoundland and Labrador stand at $13.75 and $13.70, respectively.

The 25-cent enhance Nova Scotia instituted in October pushed the speed to $13.60. The province says it plans to have a minimal wage of $15 an hour in place by October 2024, whereas each P.E.I. and Newfoundland plan to achieve that benchmark this fall.

The Canadian Press

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