So, as of October 1st, minimum wage is up from $10.72 an hour to $10.96. Yes, an increase of 24 cents.
The CEO at the local Chamber of Commerce, Rob Clark, says it's "all good" and while 24 cents an hour might not seem like much, he expects it'll be a significant boost for some.
The relatively small increase has many calling for a boost to $15.00 an hour but the Canadian Federation of Independent Business says an increase of that magnitude would "be a job killer for Saskatchewan's youth."
In fact, their study shows an increase that big would result in the loss of between 7500 and 17,000 jobs in our province.
The CFIB points to the fact that a number of sectors, including retail and hospitality, employ a large number of young people and those are the industries hardest hit when the minimum wage goes up. They say we should be looking at a balance of raising wages, reducing income taxes and helping low-income workers upgrade their skills.