The formula
Annual salary = hourly wage × hours per week × paid weeks. A full-time year is 2,080 hours (40 × 52); with a 37.5-hour week it is 1,950 hours.
Minimum wage by province (as of November 2026)
| Province / territory | Hourly | Since |
|---|---|---|
| Nunavut | $20.17 | Sep 1, 2026 |
| Yukon | $18.51 | Apr 1, 2026 |
| British Columbia | $18.25 | Jun 1, 2026 |
| Federal (federally regulated) | $18.15 | Apr 1, 2026 |
| Ontario | $17.95 | Oct 1, 2026 |
| Prince Edward Island | $17.30 | Oct 1, 2026 |
| Northwest Territories | $17.20 | Sep 1, 2026 |
| Nova Scotia | $17.00 | Oct 1, 2026 |
| Quebec | $16.60 | May 1, 2026 |
| Manitoba | $16.40 | Oct 1, 2026 |
| Newfoundland and Labrador | $16.35 | Apr 1, 2026 |
| New Brunswick | $15.90 | Apr 1, 2026 |
| Saskatchewan | $15.70 | Oct 1, 2026 |
| Alberta | $15.00 | Oct 1, 2018 |
FAQ
How much is $25 an hour per year in Canada?
$52,000 for 40 hours a week over 52 weeks – about $41,600 after tax in Ontario.
What is the minimum wage in Ontario?
$17.95 an hour since October 1, 2026.
Sources (checked Nov 6, 2026): Provincial and territorial employment standards; Employment and Social Development Canada (federal minimum wage).