History — 178.1

Minimum wage — rate 178.1 (1) Subject to subsection (2), the minimum hourly rate referred to in subsection 178(1) is $15. Annual adjustment (2) On April 1 of each year after the year in which this section comes into force, the minimum hourly rate is to be adjusted to the rate, rounded up to the nearest $0.05, that is equal to the product of (a) as the case may be, (i) in respect of April 1 of the year after the year in which this section comes into force, $15, or (ii) in respect of April 1 of each subsequent year, the rate that is determined in accordance with this section on April 1 of the preceding year, and (b) the ratio that the Consumer Price Index for the preceding calendar year bears to the Consumer Price Index for the calendar year before that preceding calendar year. Consumer Price Index (3) For the purposes of subsection (2), a reference to the Consumer Price Index for any calendar year means the average of the all-items Consumer Price Index for Canada, not seasonally adjusted, as published by Statistics Canada under the authority of the Statistics Act , for each month in that year. No adjustment (4) Despite subsection (2), the minimum hourly rate is not to be adjusted on…