Minimum Wage Ontario 2024 Yearly. Effective october 1, 2024, the ontario government is increasing the minimum wage to $17.20 per hour from $16.55 per hour. As of april, 2024, the current minimum wage in ontario stands at $16.55 per hour.
The minimum wage ontario calculator serves as a valuable tool for individuals to estimate their yearly income based on the ontario minimum wage. This 3.9% hike from the previous rate of.
It Acts As A Safeguard To Ensure That.
This increase is tied to the ontario consumer price index for 2024.
In Or Around October 1, 2024, The Minimum Wage Will Increase To $16.20 Per Hour For Ontario Students, Which Is An Increase From October 2023 Wage Rates Of $15.60.
Minimum wage ontario salary sets the lowest legal hourly rate that employers must pay their workers in the province.
Ontarioโs Current Minimum Wage Is $16.55/Hour (As Of October 26, 2024).
Toronto โ the ontario government is increasing the minimum wage from $16.55 per hour to $17.20, effective october 1, 2024.