As announced back in June, Saskatchewan's minimum wage has increased to $11.06 per hour effective today.
“Since 2011, we have been able to provide predictable annual minimum wage increases, allowing employers and employees to prepare and plan for change,” Labour Relations and Workplace Safety Minister Don Morgan said. “Saskatchewan also has a low personal income tax rate and Low Income Tax Credit, helping low-income earners keep more money in their pockets.”
Since 2007, minimum wage has increased ten times from $7.95 to $11.06.
Each year, using an indexation formula, the minimum wage is calculated. The increase reflects the changes to the Consumer Price Index and Average Hourly Wage in the province. The formula was first introduced in 2010. All increases are announced on June 30th and then take effect on October 1st.