Bc Minimum Wage Rate 2024. As of 2023, over 5.4 million canadians live in british columbia. The increase is consistent with b.c.’s average rate of inflation in 2023.
This adjustment reflects the 3.9% increase in canada’s annual average consumer price index for. Cpi average from march 2023 to february 2024 reported today is 3.4%.
The New Bc Minimum Wage Increase Will Come Into Effect On June 1, 2024, Making It The Highest Minimum Hourly Wage As Compared To Any Other Canadian Province.
On june 1st, 2024 the minimum wage in british columbia will raise from $16.75 to $17.40 per hour.
Over The Course Of The Applicable Years Of March 2021 To February 2024, Inflation.
With this extra $1.10, minimum wage workers can expect to earn an extra $2,200 a year.
British Columbians Earning The Minimum Wage Will Earn An Extra 65 Cents An Hour Starting June 1.
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On June 1St, 2024 The Minimum Wage In British Columbia Will Raise From $16.75 To $17.40 Per Hour.
So just how much disparity is there between bc’s minimum wage and living wage now?
To Keep Up With The Cost Of Living, The Federal Minimum Wage Will Increase From $16.65 To $17.30 Per Hour On April 1, 2024.
The increase is consistent with b.c.’s average rate of inflation in 2023.
Cpi Average From March 2023 To February 2024 Reported Today Is 3.4%.