Starting Sunday, October 1, Ontario’s minimum wage was scheduled to increase from $15.50 to $16.55 per hour, helping more than 900,000 hard-working men and women across the province earn more take-home pay for themselves and their families.
This 6.8 per cent raise means up to $2,200 more in workers’ pockets every year and brings Ontario to one of the highest minimum wages in the country, said David Piccini, Ontario Minister of Labour, Immigration, Training and Skills Development, following the passage of the Working for Workers Act, 2023:
The Ontario government is continuing to deliver steady and predictable annual increases, helping families offset the rising cost of living while also providing certainty to businesses by announcing this increase six months in advance he said.
“In the coming months, I will be introducing more legislation as part of our plan to make Ontario the best place in the world to live, work and raise a family,” the minister said.