Workers in federally regulated industries will see a pay increase this spring as the federal minimum wage rises to $17.75 per hour on April 1, 2025. The adjustment represents a 2.4 per cent increase, keeping pace with inflation.
The change applies to employees in sectors such as banking, telecommunications and interprovincial transportation. Employers must update payroll records to reflect the new rate, ensuring affected workers receive at least the minimum hourly wage. If a provincial or territorial minimum wage exceeds the federal rate, the higher amount applies.
“The federal minimum wage brings stability and certainty to Canadian workers and businesses alike and helps reduce income inequality,” said Employment Minister Steven MacKinnon.
The federal minimum wage is reviewed annually based on the Consumer Price Index and rounded to the nearest $0.05. Since being introduced in 2021, it has steadily increased from an initial $15.00 per hour.
