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Regulated Living Wage

Policy Area

Priority Level

Last Updated

Labour

Long-Term

January 21, 2024

The Policy

The RPC will mandate a federal minimum wage of $20 per hour which is tied to the consumer price index (CPI), with increases automatically taking effect twice each year. Regions identified as exceptional, such as anomalously large or remote locations (e.g., Toronto, Vancouver, Montreal, Yellowknife), will have their own locally monitored and regulated living wage index.

The Research

Our Broader Stance on:

The purpose of our economy is primarily to create and maintain the necessities for society. We are lucky enough to have surplus in our economic production which can also provide for many of our personal wishes and desires, beyond just our needs. Building a strong, resilient economy is critical to ensuring this continues to be the case.

An economy is not a playground for the ultrawealthy capitalists to extract surplus value by exploiting labourers.

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