Low-income earners in the province are set to receive a boost this fall.
On Oct. 1, Saskatchewan’s minimum wage will increase from $10.50 to $10.72 per hour – the eighth increase to the wage since 2007.
According to the province, the increase will directly impact more than 23,000 minimum wage earners in Saskatchewan.
More than half of these earners are under 25 years of age.
“Indexing the minimum wage means people don’t fall behind,” Labour Relations and Workplace Safety Minister Don Morgan said in a news release Thursday.
The province also offers other supports including a basic personal tax exemption, the child tax credit and the Saskatchewan Low Income Tax Credit.
Saskatchewan’s low-income earners have the fourth-highest disposable income in Canada.
Provincial legislation provides for an annual review based on changes to the consumer price index and the average hourly wage.
For more information on minimum wage, visit www.saskatchewan.ca.