Except translation, this story has not been edited by achinews staff and is published from a syndicated feed.
Ontario’s minimum wage will increase next month to become the second highest of all Canadian provinces, the government says.
The minimum wage will increase to $17.20 an hour on Oct. 1, up 3.9 percent from the current rate of $16.55 an hour, the province said. Under the Employment Standards Act, Ontario’s minimum wage increases annually based on provincial inflation levels.
Ontario Labor Minister David Piccini announced the hike in March to give businesses “certainty and predictability” by sharing news of the increase ahead of time.
The government said a worker making the universal minimum wage and working 40 hours a week would see an annual pay rise of around $1,355. He added that 935,600 workers earn $17.20 an hour or less in 2023.
When the new wage kicks in, the government said Ontario’s 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, a coalition of employers, workers, non-profits and researchers, said in 2023 the minimum living wage in southwestern Ontario would be $18.65 an hour. That figure varies across the province, with the highest living wage in the Greater Toronto Area at $25.05 an hour.
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Premier Doug Ford’s Progressive Conservatives canceled a proposed minimum wage increase to $15 an hour from $14 when it took effect in 2018, but then raised it to $15 in January 2022 and tied later increases to inflation.
— with files from The Canadian Press
& copy 2024 Global News, a division of Corus Entertainment Inc.
(Except translation, this story has not been edited by achinews staff and is published from a syndicated feed.)
source link https://globalnews.ca/news/10776023/ontario-minimum-wage-increase-when/
