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Next Minimum Wage Increase Ontario 2024. The general minimum wage in ontario is currently $16.55 per hour. On or before april 1, 2024, the ontario government will announce the new minimum wage rate, which will take effect on october 1, 2024.
This 3.9% hike from the previous rate of. This 3.9 per cent annualized.
The Ontario Government Has Announced That The Minimum Wage Will Increase To $17.20 Per Hour, Effective October 1, 2024.
This 3.9 per cent annualized.
This Increase Is Tied To The Ontario Consumer Price Index For 2024.
Minimum wage is the legally mandated lowest hourly pay.
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Therefore, The Current Minimum Wage In Ontario Stands At $16.55 Per Hour (As Of October 26, 2024).
As of october 1, 2024, ontario's general minimum wage will increase to $17.20 per hour, up 3.9% from the current rate of $16.55 per hour.