Current Canada minimum wage in 2024:

$16.50 per hour.

Prince Edward Island's 2024 wage increases:

April 1 to $15.40, and October 1 to $16.00.

Nunavut's minimum wage as of January 1, 2024:

$19 per hour.

Current highest provincial wage in Canada:

Yukon, at $16.77 per hour.

Nova Scotia's minimum wage increase starting date in 2024:

April 1.

Ontario's planned minimum wage increase in 2024:

October 1.

Factor allowing government wage adjustments:

Economic needs.

Role of minimum wage regulations in the economy:

1. Ensure decent living, reduce poverty, and shape labor markets.