The territory’s minimum wage workers can look forward to an extra $8 per day.
The Yukon’s minimum wage will rise to $13.71 per hour on April 1, up from $12.71, the territorial government said Thursday. That will make it the fourth-highest in the country.
This change represents a two-per-cent increase based on the 2019 Consumer Price Index (CPI) for Whitehorse plus an additional 75 cents.
The government approved the increase following an order made by the Employment Standards Board. The board considered criteria including:
• changes in the annual CPI;
• a comparison and monitoring of other jurisdictions; and
• an economic impact analysis of wage increases.
“This increase to minimum wage will support workers who need it most while ensuring that Yukon businesses can continue to attract and retain workers in a tight labour market,” said Community Services Minister John Streicker.
“Thank you to the Employment Standards Board for their work.”
The CPI is a baseline set on a basket of daily purchases such as fuel, food and clothing.