Renie Jeanine

Average Wage Increase 2024 Canada. By industry, the highest projected average salary increases for 2024 in canada, excluding freezes, are expected to be in business services (4.40 per cent), professional services (4.19 per cent) and life. To keep up with the cost of living, the federal minimum wage will increase from $16.65 to $17.30 per hour on april 1, 2024.

The 2024 hourly wage increase in canada is set to improve the standard of living for workers across the nation. The average hourly wage rate for individuals aged 25 to 54 rose to $38.86 in january, up 6.7% ($2.43) from $36.43 a year earlier.