Minimum Wage Ontario 2024 Per Hour. It was an increase of $1.05 from the previous minimum wage rate of $15.50 that came into effect on october 1, 2022. The minimum wage in ontario in 2024 is up $1.05 since 2023, or 6.8%.
To keep up with the cost of living, the federal minimum wage will increase from $16.65 to $17.30 per hour on april 1, 2024. The minimum wage in ontario in 2024 is $16.55 per hour.
This Adjustment Reflects The 3.9% Increase In Canada’s Annual Average Consumer Price Index For 2023 And Is Aligned With Inflation.
1 increase is tied to inflation and is a boost of 3.9 per cent from the current rate of $16.55 per hour.
The General Minimum Wage In Ontario Is Currently $16.55 Per Hour.
The ford government says it will be raising the minimum wage rate to $17.20 an hour, starting oct.
To Keep Up With The Cost Of Living, The Federal Minimum Wage Will Increase From $16.65 To $17.30 Per Hour On April 1, 2024.
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This Adjustment Reflects The 3.9% Increase In Canada’s Annual Average Consumer Price Index For 2023 And Is Aligned With Inflation.
Effective october 1, 2024, the ontario government is increasing the minimum wage to $17.20 per hour from $16.55 per hour.
It’s Important To Remain Aware That This Rate May Change Again In October 2024 Following The Next Minimum Wage Review And.
Minimum wage revisions usually occur in october.
Rates From October 1, 2024, To September 30, 2025: