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Thinking about Minimum Wage Increases in Alberta: Theoretically, Empirically, and Regionally
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Page Title: | Thinking about Minimum Wage Increases in Alberta: Theoretically, Empirically, and Regionally – C.D. Howe Institute |
Article Title: | Thinking about Minimum Wage Increases in Alberta: Theoretically, Empirically, and Regionally |
URL: | https://cdhowe.org/publication/thinking-about-minimum-wage-increases-alberta-theoretically-empirically-and-regionally/ |
Published Date: | September 26, 2017 |
Accessed Date: | February 13, 2025 |
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After weighing the lessons of economic theory and real-world experience, a leading Alberta economist, Joseph Marchand, concludes that Alberta’s move to raise the minimum wage to $15 an hour by 2018 could lead to the loss of roughly 25,000 jobs. In a new report from the C.D. Howe Institute, Thinking about Minimum Wage Increases in Alberta: Theoretically, Empirically, and Regionally, Marchand recommends that Alberta, being a boom and bust economy, would be better off taking current and future economic conditions into account when considering any future increases to its minimum wage.
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