GNWT announces new formula to calculate and adjust NWT minimum wage
The Government of the Northwest Territories (GNWT) is changing the way it calculates and adjusts the territory’s minimum wage.
Beginning September 1, 2023, the minimum wage will be adjusted annually using a formula based on the percentage change in the Consumer Price Index (CPI) for Yellowknife and the percentage change in the average hourly wage (AHW) in the Northwest Territories (NWT) for the preceding calendar year.