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Home » Thunder Bay » Ontario’s minimal wage goes up this month
Thunder Bay

Ontario’s minimal wage goes up this month

December 21, 20241 Min Read
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Ontario's minimum wage goes up this month
Ontario's minimum wage goes up this month
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As of Oct. 1, the minimal fee is $17.20 per hour

TORONTO — Staff in low-paying jobs will see a modest enhance of their pay beginning this month.

The legislated minimal wage in Ontario goes from the earlier fee of $16.55 per hour to $17.20 per hour as of Oct. 1.

The three.9 per cent annualized wage enhance is predicated on the Client Value Index for the province.

It means individuals working 40 hours every week will rise up to $1,355 extra within the coming 12 months.

Final 12 months there have been 935,000 wage-earners throughout Ontario making $17.20 an hour or much less.

About 35 per cent of these on this class are employed in retail commerce, whereas 24 per cent are in lodging and meals companies.

Beneath laws, the province’s minimal wage goes up annually in response to the rise within the CPI.

British Columbia at the moment has the nation’s highest provincial minimal wage at $17.40 per hour. 

 

 

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