The Honourable Alan Buchanan, Minister of * Provincial Affairs [to Oct 1996] & Attorney General, is pleased to announce that Executive Council has approved the Employment Standards Board’s recommendation of a two-stage increase in the minimum wage of Prince Edward Island. Effective September 1, 1996, the minimum wage will increase from $4.75 to $5.15 with a further increase to $5.40 on September 1, 1997.
These increases are in keeping with changes to the minimum wages in other jurisdictions and recognize the cost of living increases in our Province.
The significance of these increases is to acknowledge the contributions made by individuals working in the lower income groups.
The effective date of September 1, 1996, is to provide sufficient lead time to allow our business community time to adjust their rates and costs of service to these new increases.