The territorial government has hiked the minimum wage from $16.05 per hour to $16.70 per hour, an increase of four per cent.
The 65-cent boost, effective September 1st, uses a formula based on the percentage change in the Consumer Price Index and the average hourly wage for 2023.
Caitlin Cleveland, is the Minister of Education, Culture and Employment.
“This is the second year that the Northwest Territories has adjusted the minimum wage using a new calculation that results in predictable annual increases,” she stated in a release.
“This improved method helps those earning minimum wage keep up with the cost of living in the territory while supporting businesses in attracting and retaining employees.”
In 2022, the GNWT changed the way it calculates and adjusts the minimum wage in the territory.
The last increase to the NWT’s minimum wage occurred on September 1, 2023 and represented an increase of 5.6 per cent, from $15.20 per hour to the current $16.05 per hour.
