Achi news desk-
Ontario’s minimum wage will rise later this year to $17.20 an hour.
The Oct. 1 annual increase is tied to inflation and is a 3.9 percent boost from the current rate of $16.55 an hour.
The Minister for Labour, David Piccini, says that the government provides security and predictability to businesses by announcing the increase six months in advance.
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The government says the new minimum wage rate will be the second highest of the provinces, behind British Columbia’s $17.40 an hour.
The Ontario Living Wage Network says a living wage in the Greater Toronto Area is around $25 an hour.
The Progressive Conservatives canceled a proposed minimum wage increase from $14 to $15 an hour after it took effect in 2018, then raised it to $15 in January 2022 and tied later increases to inflation.
& copy 2024 The Canadian Press
