$15 Minimum Wage
A Yukon NDP government will bring in a $15 minimum wage.
“This is the way forward,” said Hanson. “Yukon has the lowest minimum wage in the north. There are those among us who, in spite of working full time, can’t make ends meet. That must change.”
The Yukon NDP will raise the minimum wage from $11.07 to $15 an hour within its first mandate. The pace of increase will be determined in consultation with stakeholders.
“It’s time for bold leadership on this issue,” said Hanson. “It’s time for the lowest-paid among us to get a raise.”
- Yukon’s minimum wage is currently $11.07/hour. With the NWT at $12.50 and Nunavut at $13, Yukon has the lowest minimum wage in the north.
- Yukon’s minimum wage increases on April 1st of each year by an amount corresponding to the annual increase in the Consumer Price Index for the City of Whitehorse. The NDP commitment would maintain that annual increase after $15 an hour is reached.
- According to a report by Kendall Hammond and the Yukon Anti-Poverty coalition, “A living wage equals the hourly wage the family requires to obtain adequate food, shelter, clothing, transportation, health care and other basic necessities after accounting for government transfers and deductions.” In Whitehorse, the living wage was calculated to be $19.12. The Yukon NDP’s proposed increase is a significant step to closing the gap between the minimum wage and the living wage.
- According to Statistics Canada’s 2014 Labour Force Survey, 60% of Canadians earning under $15 and hour are 25 or older. 35% are over 40. Nearly 50% of Canada’s minimum wage workers are employed by companies with over 500 employees.
- A 2013 World Bank report found that raising the minimum wage has no universal impact on employment rates.