Ontario’s minimum wage will become 2nd highest in Canada after increase

Ontario’s minimum wage will summation adjacent period to go nan 2nd highest of each nan Canadian provinces, nan authorities says.

The minimum costs will boost to $17.20 an hr connected Oct. 1, up 3.9 per cent from nan existent complaint of $16.55 per hour, nan state said. Under nan Employment Standards Act, Ontario’s minimum costs increases annually based connected provincial inflation levels.

Ontario Labour Minister David Piccini announced nan hike successful March to springiness businesses “certainty and predictability” by sharing news of nan summation up of time.

The authorities said a worker making nan wide minimum costs and moving 40 hours per week would spot an yearly salary summation of astir $1,355. It added 935,600 workers were earning astatine aliases beneath $17.20 per hr successful 2023.

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When nan caller costs kicks in, nan authorities said Ontario’s caller minimum costs complaint will beryllium nan 2nd highest of nan provinces, down British Columbia’s $17.40 per hour.

The Ontario Living Wage Network, a conjugation of employers, employees, non-profits and researchers, said successful 2023 that astatine a minimum, a surviving costs successful southwest Ontario was $18.65 per hour. That fig varies crossed nan province, pinch nan highest surviving costs being successful nan Greater Toronto Area astatine $25.05 an hour.

Premier Doug Ford’s Progressive Conservatives cancelled a planned minimum costs summation to $15 per hr from $14 aft they took agency successful 2018, but past raised it to $15 successful January 2022 and tied later increases to inflation.

— pinch files from The Canadian Press