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As May rolls in, Quebec's minimum wage workers will see a modest paycheck increase. The provincial minimum wage is set to rise by $0.50, bringing it to $15.75 per hour. But, according to a new study by the Institut de recherche et d’informations socio-économiques (IRIS), that boost is more of a Band-Aid fix than a cure for the financial woes many face.
The minimum hourly wage in Quebec, which currently sits at $15.25, will increase by $0.50 on May 1, 2024, to $15.75.
Quebec's Labour Department says it is hiking the minimum wage by a little more than three per cent because of the economic uncertainty in the retail and restaurant sectors.
The increase from the current $14.25 wage is the largest percentage increase in the province's minimum salary since 1995.
The minimum wage in Quebec is going up by one dollar. As of May 1, the lowest-paid workers in the province will make at least $15.25 an hour. That means around $2,000 more annual pay for minimum wage workers who are on the clock for 40 hours a week. The move also impacts employees who receive tips, boosting their base pay by 80 cents to $12.20.