Come October Ontario will have the highest minimum wage in Canada. PHOTO by Pexels.
The Ontario government is increasing the minimum wage to $16.55 an hour as of October 1, 2023.
The 6.8% increase in the minimum wage means that someone working 40 hours per week will see an annual pay increase of nearly $2,200. There were 942,400 workers earning $16.55 per hour or below in 2022, the majority of whom are women.
Ontario’s new minimum wage is the highest of any province in the country. For example, Quebec has a minimum wage of $14.25 an hour, British Columbia has a minimum wage of $15.65 an hour, and Alberta has a minimum wage of $15.00 an hour.