How does Canada’s minimum wage compare?

by |
A recent report from the Organisation for Economic Co-operation and Development (OECD) has revealed how Canada’s minimum wage compares to other developed countries – and it doesn’t look good.

Sitting in ninth position, Canadians on minimum wage can expect to take home $6.95 an hour – that’s after tax and other deductions are taken into account, along with the cost of living.

Here are the top five countries, with their equivalent minimum wage in Canadian dollars.
  1. Australia – $9.24
  2. Luxembourg – $8.95
  3. Belgium – $8.30
  4. Ireland – $8.19
  5. France – $7.98
Eight countries, including Finland, Sweden and Switzerland, were not included in the report because there are no set national rules on minimum pay – many of them have strong labour unions and established arrangements for collective bargaining which means governments don’t have to step in.

The OECD report shows that in Australia – the most generous nation – a single minimum wage worker with two children would have to work just six hours a week to lift themselves above the poverty line because they would also receive state benefits.

"They have a high minimum wage and interestingly they have a low tax burden," said Herwig Immervoll, the author of the OECD report. "[Australians] recognize that supporting low wage earners through the tax system is important."

While Canada is far from a top performer, it could definitely be worse – bottom-of-the-list Mexico has a minimum wage equivalent to 97c.

 More like this:

Class action lawsuit in the cards for RCMP 

Sedentary office work threatening ‘morbidity and mortality’ 

SME partnerships – what you need to know
 
 
  • GladNickerFlag on 2015-06-04 2:11:26 PM

    This article should have included more relavant information, like that Canada let's the Provinces set the MW. Also I feel the actual MW should have been shown e.g. BC $10.25 - QC $10.55 http://www.retailcouncil.org/quickfacts/minimum-wage What about comparing to our closest neighbour? Article could have been more useful with more information.

HRM Online forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Name (required)
Comment (required)
By submitting, I agree to the Terms & Conditions