Newfoundland and Labrador released the final report of the Minimum Wage Review Committee on May 26, 2022.
Effective October 1, 2022, the government of Newfoundland and Labrador will increase the minimum wage by 50 cents, bringing it to $13.70 per hour. According to Bernard Davis, Minister Responsible for Labour, the province plans to increase the minimum wage to 14.50 on April 1, 2023, and on October 1, 2023, to $15.00 per hour.
The province will also create a one-year Transitional Support Program for Smaller Employers to provide financial support for employers with 20 or fewer employees.
The Minister of Environment and Climate Change and Minister Responsible for Labour, Honourable Bernard Davis stated:
"I thank the Minimum Wage Review Committee for their dedicated efforts and for their contributions to this important work. Our government understands the importance of the minimum wage rate to employees and employers in Newfoundland and Labrador.
He added that "I am undertaking a thorough review of the report with my departmental officials and will take all recommendations into consideration."