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Minimum wage increases in 5 provinces

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Employees across the country are waking up to higher minimum wages today, and that means staffing just got more expensive for you, the employer.

Staffing_YCMMay15_Lefebvre_5461As of October 1, Alberta, Saskatchewan, Manitoba, Ontario, and Newfoundland and Labrador have each introduced higher minimum wages. Here’s a breakdown of the new wages in each province:

Alberta: $11.20 (from $10.20/hour)

Saskatchewan: $10.50 (from $10.20/hour)

Manitoba: $11 (from $10.70/hour)

Ontario: $11.25 (from $11/hour)

Newfoundland and Labrador: $10.50 (from $10.25)

For many retailers, the rising cost of employees represents a major concern. Has your province been affected? How will this affect your bottom line? Will it help you retain top-notch employees? Weigh in with your comments below.