Reinstating the federal minimum wage at $15/hour would have an impact on more than 800 000 employees in federally regulated industries such as the railway, transportation, banking and financial services, telecommunications, broadcasting, etc. It would be a significant step toward allowing them to make a decent living.
In reinstating the federal minimum wage, the federal government would be taking a proactive role in reducing inequality. It has the potential to take a leadership role in fighting inequality and influence its provincial counterparts. Currently no province has a minimum wage high enough so that workers can be paid a decent wage for their work.