Minimum Wage Ontario 2024 April. The current student minimum wage in ontario, as of today, april, 2024, is $15.60 per hour. Ontario’s minimum wage will rise later this year to $17.20 an hour.
Therefore, the current minimum wage in ontario stands at $16.55 per hour (as of october 26, 2024). Ontario’s minimum wage changes take place in the fall.
The New Hourly Minimum Wage Rise Aims To Accommodate The Ontario Consumer Price Index (Cpi).
It’s important to remain aware that this rate may change again in october 2024 following the next minimum wage review and adjustment.
On Or Before April 1, 2024, The Ontario Government Will Announce The New Minimum Wage Rate, Which Will Take Effect On October 1, 2024.
Ontario will increase its wage from $16.55 to $17.20 per hour for 16, 17, 18, 19, 20, 21 years old ️
The Upcoming Ontario Minimum Wage Increase Wage Shows That Economic Rules Can Change, So It's Important For Workers And Businesses.
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At The Time, This Was A Full Dollar Jump From The $15.50 Workers Were Being Paid In 2022.
Ontario’s minimum wage will rise later this year to $17.20 an hour.
However, Specific Rates May Vary Based On Factors Such As Age, Job Type, And Work Hours.
Check ontario minimum wage canada 2024.
Last Updated On 24 December 2023, 11:58 Am Est (Toronto Time) Ontario Minimum Wage 2024 Raise Schedule: