The honorable Bernard Davis, Minister of Environment and Climate Change and Minister Responsible for Labor, today releases the final report of the minimum wage review committee.
The report was completed after a comprehensive analysis and stakeholder engagement process, including input from employers, employees, advocacy, labor and employer group, and the public.
In January, the minimum wage review committee with a mandate to review input on the minimum wage, on the minimum wage adjustment process and the rage rate.
Earlier today, Minister Davis announced increases to the minimum wage in Newfoundland and Labrador. On October 1, 2022 the minimum wage will increase by 50 cents, bringing it to $13.70 per hour. In April 2023, the minimum wage will increase by 80 cents bringing the rate to $14.50 per hour. On October 1, 2023, the minimum wage will increase by 50 cents, bringing it to $15 per hour.
The Provincial Government is also creating a one-year transitional support program for smaller employers. The program will provide 50 cents an hour, per employee, for employers with 20 or less employees. This program is application-based and further details will follow on the application process in the coming weeks.