Saskatchewan’s minimum wage will rise to $15.35 per hour on Oct. 1.
The province’s minimum wage is calculated using an indexation formula that gives equal weight to changes in the Consumer Price Index and the average hourly wage in Saskatchewan.
“By raising the minimum wage, we are continuing to support workers and deliver on our commitment to affordability,” Deputy Premier and Labour Relations and Workplace Safety Minister Jim Reiter said in a news release. “Saskatchewan's low personal tax rates continue to make our province a great place to live, work and raise a family.”
The provincial government has been making incremental increases to the minimum wage. In 2024, the rate rose from $11.81 to $15 per hour. With that commitment met, the indexation formula is once again being used to determine further increases.
“We know the benefits that increasing the minimum wage will have for employees, but we also want to create a balance for employers,” Reiter said. “Over the next few months, we will be working with chambers of commerce and other key stakeholders to understand the implications of increasing the minimum wage for the business community and the impact on Saskatchewan’s economy.”