1 would be $17.95 had (Premier Doug) Ford not cancelled the $15 minimum wage back in January 2019.” “(But) Ontario's minimum wage is much lower than it should be. “Given the current cost of living crisis and record-high annual inflation, these legislated adjustments are a lifeline for workers struggling to make ends meet,” Deena Ladd, executive director of the Workers' Action Centre wrote in a statement. Labour advocates and opposition critics have said Ontario should introduce a $20 minimum wage. 1 increase now in order to give businesses time to plan. McNaughton said the government is indicating the Oct. That's why we're investing hundreds of millions of dollars to retrain and upskill workers for bigger paycheques.” “But I also want to be clear that minimum wage jobs should be a starting point and not an end point. “I'm proud of my record around minimum wage, to increase it to $16.55 an hour, the highest of any province in the country,” he said. It will go a long way toward helping people with the cost of living, Labour Minister Monte McNaughton said in an interview. The increase means someone making minimum wage and working 40 hours per week would see their pay increase by nearly $2,200 per year, the government said. It marks a 6.8 per cent boost from the current rate of $15.50 an hour, an increase tied to inflation. TORONTO - Ontario's minimum wage is set to rise to $16.55 an hour on Oct.
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