P.E.I. minimum wage to hit $16 by October 2024
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CHARLOTTETOWN, P.E.I. — This time subsequent yr, Prince Edward Island’s minimal wage employees will likely be incomes an additional greenback per hour.
On the heels of a 50-cent soar this Oct. 1, bringing the hourly wage to $15, the province is committing to 2 will increase in 2024 — a 40-cent adjustment on April 1 and a 60-cent bump on Oct. 1 to hit $16.
Minimal wage will improve twice subsequent yr on PEI, to $15.40 per hour on April 1, 2024, and to $16 per hour on October 1, 2024.
Study extra in regards to the Employment Requirements Board suggestions right here – https://t.co/xvuU35Detr— Authorities of PEI (@InfoPEI) October 4, 2023
The adjustments are a results of suggestions from the Employment Requirements Board.
Earlier than an 80-cent enhance in January this yr, P.E.I. had among the many lowest minimal wages in Canada at simply $13.70, increased than solely Saskatchewan at $13 flat. (They’ve since elevated theirs to $14.)
P.E.I. joined N.L. and Nova Scotia in getting theirs to $15 this fall.
New Brunswick, at $14.50, is now the second-lowest in Canada. The Yukon ($16.77) pays probably the most.
