The Ontario government has announced that the minimum wage will increase from $17.20 to $17.60 per hour, effective October 1.
With the new wage increase, workers making the general minimum wage and working 40 hours per week will see an annual pay increase of up to $835, said a provincial statement.
The wage adjustment follows the Ontario Consumer Price Index, which tracks inflation and represents changes in the cost of living for Ontario consumers. This annual wage adjustment, based on a 2.4 percent increase in the Ontario Consumer Price Index (CPI), will make Ontario’s minimum wage the second highest provincial rate in Canada, it said.
David Piccini, the Minister of Labour, Immigration, Training, and Skills Development, stated that the government is committed to supporting workers. “Ontario’s minimum wage remains one of the highest in the country. Now more than ever, workers and businesses need fair, balanced and predictable wages,” Piccini said.
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