Canada Global(Web News)The Ford government says it is going to raise the minimum wage to $17·20 an hour starting October 1, 2024.
This would increase wages by 65 cents, 3·9 per cent, from the current hourly rate of $16·55. The annual increase will be $1,355. The minimum wage hike is part of the government’s Working for Workers Act, 2024.
“By increasing these allowances six months early, we are not only providing a stable environment for business, but also helping families by increasing the minimum wage during this period of inflation,” Labor Minister David Picchini said in a release. are doing It is important to mention here that according to the Ontario Living Wage Network, the minimum wage in the GTA is $25 an hour.
