"Ontario's minimum wage is set to rise to $17.95 an hour on Oct. 1, increasing from the current rate of $17.60. This annual adjustment is based on the Ontario Consumer Price Index, which measures inflation."
"The government states that someone earning minimum wage and working 40 hours per week will see an additional $728 per year due to this increase."
"Labour Minister David Piccini emphasizes that this increase will leave Ontario with one of the highest minimum wage rates in the country."
"The Ontario Living Wage Network reports that a living wage in the Greater Toronto Area is $27.20, indicating a significant gap between the minimum wage and the living wage."
Ontario's minimum wage will rise to $17.95 an hour starting October 1, up from the current $17.60. This annual increase is based on the Ontario Consumer Price Index, reflecting inflation. Workers earning minimum wage and working 40 hours weekly will earn an additional $728 annually. The Labour Minister, David Piccini, states that this adjustment positions Ontario among the highest minimum wage rates in Canada. However, the Ontario Living Wage Network indicates that a living wage in the Greater Toronto Area is significantly higher at $27.20.
Read at www.cbc.ca
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