Bc Minimum Wage Increase 2024
Bc Minimum Wage Increase 2024. In august 2024, british columbia will see a significant increase in its minimum wage, a crucial move in response to the rising costs of goods and services. The current minimum wage in bc is $16.75 per hour, the second highest minimum wage in canada.
In 25 states as well as 60 cities and counties, the minimum wage floor has or will increase by the time 2024 comes to a close, with over half of those jurisdictions. This represents a 3.9% increase, consistent with b.c.โs average rate of inflation in 2023.