REGINA – The minimum wage in Saskatchewan is going up Oct. 1. The government announced Thursday it will be going up 30 cents to $10.50 per hour.
Officials say this is the seventh increase since 2007 and will help improve the standard of living for almost 24,000 people.
“With Saskatchewan’s economy continuing to grow, the indexation formula used to calculate minimum wage shows that the minimum wage should increase as well,” said Don Morgan, the labour relations and workplace safety minister.
“This increase will continue to give youth, students and other minimum wage earners more disposable income and improve their standard of living.”
The minimum wage is reviewed yearly using an indexation formula that gives equal weighting of change to the consumer price index and the average hourly wage for the previous year.
The increase still needs to be approved by cabinet.
Saskatchewan and Alberta currently have the lowest minimum wage among the ten provinces at $10.20/hour.
READ MORE: Alberta’s phased minimum wage hike to start in October
The Alberta government recently announced it will be bringing in a phased minimum wage hike this October with an intent to raise the minimum wage to $15.00/hour by 2018.
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