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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.

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.

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