cover image: Minimum wage rates in Canada

Premium

Minimum wage rates in Canada

25 Sep 2015

The value of the minimum wage went from $7.53 in 1965 to minimum wage as a percentage of earnings can be read as having three $9.83 in 1977, fell to $6.90 in 1995 and then rose steadily to $10.40 in peaks – in the early 1960s, the mid-1970s and the recent 2005-2014 2015. [...] New Brunswick’s minimum The long-term trend when we compare the minimum wage to Statistics wage went from $5.84 in 1965 to $10.58 in 1977, fell to $7.14 in Canada’s after-tax low income cut-off is the same as the trend in dollar 1988 and $7.42 in 2003 and rose to $10.40 in 2013 and $10.30 in amount. [...] The minimum wage in 1965 was 41.5 percent of The overall picture is the same for the minimum wage as a percentage average earnings, rose to 50.2 percent in 1977, declined to 36.9 percent of the LIM, in the red line in Figure 11. [...] Ontario’s minimum wage rose from 76.6 percent of the after- tax low income cut-off for one person in Toronto in 1965 to 107.7 percent in 1976, falling to 77.8 percent in 1983, increasing to 101.0 MANITOBA percent in 1994 and 1995, slipping to 86.1 percent in 2003 and rising Figure 21 plots the trend in the minimum wage in Manitoba, shown in to 109.5 percent of the low income line in 2010 – the pea [...] It rose from $5.65 in 1965 to $11.20 in 1976, fell to $7.42 in 1994 and rose to a 73.4 percent in 1965 to 103.4 percent in 1976, fell to 82.7 percent in plateau of $10.72 in 2013 to $10.70 in 2015.
politics economics united states economy poverty taxation canada employment government policy income indexation labour minimum wage unemployment unemployment benefits pension labor employee territories percentage provinces and territories of canada low income cut-off poverty in canada three territories low income cut-offs provinces and territories province and territory ten provinces and three territories

Authors

Battle, Ken

ISBN
1553826558
Pages
30
Published in
Ottawa, Ontario

Related Topics

All