Minimum Wage Increases Across Canada
- Federal Minimum Wage: Effective April 1, 2025, the federal minimum wage will increase to $17.70 per hour from $17.30.
- Ontario: Annual adjustments will continue on October 1, with a forecasted increase from the current $17.20 per hour.
- British Columbia: As of June 1, 2025, the province’s minimum wage will increase from $17.40 per hour.
- Yukon, Nova Scotia, New Brunswick: Minimum wage adjustments are scheduled for April 1, 2025, with current rates at $17.59 (Yukon), $15.20 (Nova Scotia), and $15.30 (New Brunswick).
Important Canada Tax Rules For 2025
Federal Income Tax Brackets Adjusted for Inflation
To reflect a 2.7% inflation rate, the Canada Revenue Agency (CRA) has revised the 2025 tax brackets:
- 15%: Up to $57,375
- 20.5%: $57,375 to $114,750
- 26%: $114,750 to $177,882
- 29%: $177,882 to $253,414
- 33%: Above $253,414
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