Ontario Minimum Wage 2025. Minimum wages in canada is expected to reach 17.20 cad/hour by the end of 2024, according to trading economics global macro models and analysts expectations. This fall, ontario’s minimum wage will increase from the current $15.50 per hour to $16.55 — a 6.8 per cent boost.
It marks a 6.8 per cent boost from the current rate of $15.50 an hour, an increase tied to inflation. Also, the minimum wage increase that will take effect in october will reflect a nearly 89 per cent increase from the minimum pay rate of $7.95 per hour in 2007.
Minimum Wages In Canada Is Expected To Reach 17.20 Cad/Hour By The End Of 2024, According To Trading Economics Global Macro Models And Analysts Expectations.
The 2024 ontario minimum wage.
1 Increase Is Tied To Inflation And Is A Boost Of 3.9 Per Cent From The Current.
Hence, the rate in effect before.
Ontario Minimum Wage 2025 Images References :
Toronto — The Ontario Government Is Increasing The Minimum Wage To $16.55 An Hour On October 1, 2023.
Ontario’s minimum wage will rise later this year to $17.20 an hour.
In 2023, The Minimum Wage In Ontario Was $15.50.
Minimum wage rates in ontario will increase on october 1, 2024.
