Minimum wage workers got a 75 cent per hour raise to $19.75 on Sept. 1, marking the first increase in Nunavut's minimum wage under the new indexing formula.
Back in 2024, the Government of Nunavut tied the minimum wage to a combination of the Iqaluit consumer price index (CPI), or how much everyday goods cost in the capital, and the average hourly wage.
Modest increases in the cost of living and the average hourly wage over the past year led to a four per cent raise in the minimum wage. If the CPI or average wages decline, minimum wage will stay the same.
Statistics Canada doesn't have data for territory-wide CPI and instead relies on prices in Iqaluit.
Nunavut maintains its distinction of having the highest minimum wage in Canada, which the territory has held since increasing pay to $