New Minimum Wage 2024 Ontario. The cpi rose by 3.9 per cent, resulting in an increase in the minimum wage of 65 cents an hour, to $17.20. As of 2024, the general minimum wage in ontario stands at $16.55 per hour.
Although announced on april 1, 2024, the new minimum wage will officially take effect. 1 increase is tied to inflation and is a boost of 3.9 per cent from the current.
This Increase Is Tied To The Ontario Consumer Price Index For 2024.
This 3.9 per cent annualized.
The General Minimum Wage In Ontario Is Currently $16.55 Per Hour.
In 2023, it was bumped to $16.55 an hour.
Even Ontario Will Be Announcing The Amount Of The Minimum Wage They Will Increase On Or Before April 1, 2024.
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This 3.9 Per Cent Annualized.
Ontario will reveal the extent of its minimum wage increase by april 1, 2024.
Minimum Wage Ontario 2024 Increase.
This change marked a significant increase from.
The New Minimum Wage Rate Of $16.55 Per Hour For General Workers In Ontario Took Effect On October 1, 2023.