In Budget 2021, the Government of Canada proposed to establish a federal minimum wage of $15 per hour, rising with inflation. The Government of Canada is announcing that this change will come into effect on December 29, 2021, following Royal Assent to Budget Implementation Act, 2021, No. 1. The changes will affect workers in the federally regulated private sector.

The federally regulated private sector includes industries such as interprovincial and international transportation, telecommunications, banking, uranium mining, most federal Crown corporations, grain services and Indigenous band councils.