Canada to raise federal minimum wage to keep pace with inflation

OTTAWA, March 21 (Xinhua) -- The Canadian government announced Tuesday the federal minimum wage will increase from 15.55 Canadian dollars (12.4 U.S. dollars) by 7 percent to 16.65 Canadian dollars per hour on April 1 to keep pace with inflation.

Based on the Consumer Price Index (CPI), which rose 6.8 percent in 2022, the increase will help make life more affordable for the approximately 26,000 Canadian workers who earn less than the current rate, said Employment and Social Development Canada in a news release.