Minimum wage will be increasing in Saskatchewan
At $15.34, Saskatchewan will have the second lowest minimum wage in Canada, ahead of only Alberta, which stands at $15.00 as of July 10.
Federal minimum wage is currently $17.75 per hour and was last increased April 1, 2025.
The province says it calculates Saskatchewan's minimum wage using an index formula that gives equal weight to changes to the Consumer Price Index and average hourly wage for Saskatchewan.
Deputy Premier and Labour Relations and Workplace Safety Minister Jim Reiter said the increase is an example of the province's 'commitment to address affordability concerns.'
'By raising the minimum wage, we are continuing to support workers and deliver on our commitment to affordability. Saskatchewan's low personal tax rates continue to make our province a great place to live, work and raise a family,' Reiter said in a news release.
Reiter said the province knows the importance of raising the minimum wage for workers but added that they also want to create a fair balance for employers as well.
'Over the next few months, we will be working together with the Chambers of Commerce and other key stakeholders to understand the implications of increasing minimum wage for the business community and the impact on Saskatchewan's economy,' Reiter added.
In 2007, Saskatchewan's minimum wage was $7.95. October's increase will equal a 93 per cent rise since that time, according to the province.
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