Annual Salary Calculation:
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Minimum wage is the lowest hourly rate that employers can legally pay employees. In Canada, minimum wage rates vary by province and territory, with adjustments typically made annually to account for inflation and cost of living.
The calculator uses the following formula:
Where:
Details: Understanding your potential annual earnings at minimum wage helps with financial planning, budgeting, and comparing job opportunities across different provinces.
Tips: Select your province/territory to get the correct minimum wage rate, then enter your typical weekly working hours. Standard full-time is 40 hours/week.
Q1: Are these 2025 wage rates confirmed?
A: These are projected rates based on current trends. Actual 2025 rates may differ based on government decisions.
Q2: Does this include taxes and deductions?
A: No, this is gross salary before any deductions. Take-home pay will be lower.
Q3: What about overtime pay?
A: This calculator doesn't account for overtime. Overtime rates vary by jurisdiction but are typically 1.5x regular pay after 40-44 hours/week.
Q4: Are there different rates for students or liquor servers?
A: Some provinces have special lower rates for certain categories. This calculator uses general minimum wage rates.
Q5: How often do minimum wage rates change?
A: Most provinces review rates annually, typically increasing them each October or April.