On May 1, 2008 the minimum wage in the province of Saskatchewan will increase from $8.25 an hour to $8.60. This is only the second stage of a plan to increase minimum wage to $9.25 by 2009. The recent increases in our minimum wage are starting to bring us at par with other provinces in Canada. This is vital to continue the growth of our economy. With the recent rise in Saskatchewan real estate prices it is important that wages increase with it. It will be some time until salaries and wages across the province catch up to the huge growth we have seen in our real estate market but all the indications are there that they will. Our province is in the best shape it has ever been financially and there is an endless amount of opportunities here for people. Over the past year we have seen a large amount of people relocating to Saskatchewan from Alberta and other provinces. This has had a direct impact on our province and the Saskatoon real estate market. By 2009 we will reach over $9.00 per hour which is incredible. I still remember getting my first job and thinking that $5.00 an hour was incredible money. If you are one of the many people looking to relocate to Saskatchewan or are interested in getting involved in the Saskatchewan real estate market be sure to contact me and I would be happy to assist you.
To find out more visit the Star Phoenix article.
Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty Ltd.