REGINA – The minimum wage in Saskatchewan is going up this fall.
The government announced on Monday the minimum wage will increase from $10.00 to $10.20 an hour on Oct. 1.
“Increasing the minimum wage will give minimum wage earners more disposable income and improve their standard of living,” said Don Morgan, labour relations and workplace safety minister.
Morgan also pointed out the minimum wage in the province has increased 28 per cent since 2007 “which is well ahead of the rate of inflation.”
He also announced regulations will be introduced to provide for regular indexing of the minimum wage each year.
“Indexation of the minimum wage will provide security for minimum wage earners and ensure predictability for business owners in the province,” said Morgan.
The regulations will include an indexation formula with equal weighting given to the percentage change in the consumer price index and the average hourly wage for the previous year.
Changes to the minimum wage will be announced on or before June 30 of each year and come into effect on Oct. 1 of the same year.
The government expects to pass the new regulations within three weeks.
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