The Manitoba authorities is saying its plan to extend the minimal wage to $15 by October 2023, Premier Heather Stefanson introduced as we speak, noting authorities will quickly start consultations with small companies on the consequences of this transformation.
“Our authorities acknowledges the monetary challenges many Manitobans are going through on account of world inflationary pressures,” mentioned Stefanson. “Right this moment’s announcement delivers on our dedication to creating life extra inexpensive for all Manitobans. This phased-in strategy will guarantee small companies stay robust and proceed to develop whereas serving to staff and their households get forward by incomes greater paycheques. Our balanced strategy to rising the minimal wage will assist staff make ends meet whereas additionally recognizing the considerations of small companies who’re struggling throughout this tough time.”
Earlier this spring, in recognition of exceptionally excessive inflation, the Manitoba authorities handed amendments to the Employment Requirements Code to extend the minimal wage above the speed of inflation, the premier famous.
Following consultations with the labour and enterprise communities, the provincial hourly minimal wage will improve to $13.50 from $11.95 on Oct. 1, 2022. Moreover, the province intends an additional improve of 65 cents on April 1, 2023, that can elevate the minimal wage to $14.15 per hour. With the anticipated shopper worth index improve for 2022, the following listed adjustment will deliver Manitoba’s minimal wage to round $15 for Oct. 1, 2023, the premier added.
“This wage improve will present much-needed help to hard-working Manitobans who’ve been burdened by hovering cost-of-living will increase,” mentioned Labour, Client Safety and Authorities Companies Minister Reg Helwer. “Manitobans have labored tirelessly all through the COVID-19 pandemic, and we’re dedicated to relieving a number of the monetary pressure.”
Nonetheless, an extra improve to the minimal wage might create stress on Manitoba’s small companies. To assist scale back this threat, the Manitoba authorities might be consulting with the trade on help applications to assist regulate to larger payroll prices.
“Manitoba small companies are the spine of our financial system and we’re dedicated to serving to them develop and thrive,” mentioned Financial Growth, Funding and Commerce Minister Cliff Cullen. “As we proceed to develop our financial system, we wish to appeal to extra staff and high-quality investments to our province. We’re dedicated to working with our enterprise neighborhood to handle the impacts of this wage improve and discover workable options collectively.”
Data on Manitoba’s minimal wage and different employment requirements is on the market at www.gov.mb.ca/labour/requirements/.