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New Brunswick raises minimum wage to $15.20

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April 4, 2024
By Talent Canada


Photo: Johan10/Adobe Stock

New Brunswick’s minimum wage rose to $15.30 per hour on Monday this week.

“Our government is committed to improving affordability for all New Brunswickers,” said Post-Secondary Education, Training and Labour Minister Greg Turner. “Our government’s commitment to connecting minimum wage increases to the consumer price index continues to protect our lower wage earners from increases to inflation.”

The province’s minimum wage has increased by 36 per cent since the beginning of 2019. The minimum wage rate is indexed to New Brunswick’s consumer price index, rounded to the nearest five cents.

The consumer price index grew by 3.6 per cent in 2023. Turner said tying minimum wage increases to the consumer price index – which the government has done since 2019 – also provides stability and predictability for businesses preparing for increases when they occur.

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The growth in New Brunswick’s median wage outpaced the national average in 2023, increasing by 6.8 per cent compared to the national figure of 6.5 per cent.

Turner said the increase to the minimum wage is one of many measures the provincial government has introduced to help New Brunswickers.

Applications are being accepted until June 30 for the one-time N.B. Workers Benefit of $300.

The program is intended to benefit working New Brunswickers and families, many of whom would not have benefited from previous supports, it said.


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