Minimum wage increased in two Atlantic Canadian provinces
As of January 29, 2024, two Atlantic Canadian provinces – Newfoundland and Labrador and New Brunswick – have raised their minimum wages. Newfoundland and Labrador have announced a $0.60 increase effective April 1, 2024, per the Labour Standards Regulations.
This means their minimum wage will be $15.60 per hour from April 1 onwards. Meanwhile, New Brunswick has increased its minimum wage to $15.30 per hour, up from the current $14.75 per hour, effective April 1. This 55-cent increase means the minimum wage has risen by 36% since 2019.
“Our government’s attention to the province’s minimum wage over the past five years has ensured New Brunswick wages are competitive within Atlantic Canada,” said New Brunswick’s Post-Secondary Education, Training, and Labour Minister, Arlene Dunn, in a statement.
“Predictable minimum wage increases, which we established in 2019, protect earners from increases in inflation and help businesses to be better prepared for increases when they occur.”
The provincial minimum wage rate is indexed to the consumer price index and rounded to the nearest five cents. The CPI increased by 3.6% in 2023. According to the release, the minimum wage has increased by 36% since 2019.
According to the report, those “seeking assistance with reaching their career goals or seeking higher-paying work” should visit one of the 19 WorkingNB offices located all through the province.
New wage rules for employers hiring temporary foreign workers
Employers recruiting through the Temporary Foreign Worker Program (TFWP) must adjust foreign workers’ wages to match updated prevailing rates starting on January 1, 2024, according to Immigration, Refugees and Citizenship Canada (IRCC). Although some employers are exempt, most require a Labour Market Impact Assessment (LMIA). The Job Bank publishes annual updates on provincial wage differences.
Canada is inviting foreign workers to help boost its economy in the face of labor shortages, which could result in $38 billion in losses, according to the Canadian Federation of Independent Business (CFIB). Foreign workers in Canada are legally entitled to the same rights as Canadians, and employers must offer a fair work environment and access to healthcare.
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