Minimum wage indexed to consumer price index
4 Jan 2017 1Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.68 (in 2016 dollars). Since it was last raised in 2009, to the current 15 May 2017 Provincial Trade Minister Cliff Cullen said indexed minimum wage Oct. 1 to match the increase in the consumer price index as measured by 22 Sep 2015 Today: Does indexing the minimum wage work? based on the national consumer price index, to determine the minimum wage for 2016.