Highlights: Increase in minimum salary wage by Ontario!
- Ontario increased its minimum salary wage from $16.55 to $17.20 per hour, effective from October 1, 2024.
- British Columbia has the highest minimum wage of $17.40 per hour which will be effective from June 1, 2024.
- The minimum wage for homeworkers in Ontario will be increased from $18.20 to $18.90 per hour.
- People in Ontario can expect more hike after 365 days, on October 1, 2025.
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New Ontario minimum wage
The Ontario government has officially confirmed that the new Ontario minimum wage increase 2024 will be effective from 1st October 2024. The minimum wage will be increased from $16.55 to $17.20 per hour. The minimum wage rates are regulated annually to reflect the rate of inflation. Workers who work 40 hours per week can expect an annual pay increase of up to $1,355. British Columbia has the highest minimum wage of $17.40 per hour.
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The minimum wage for workers in Ontario
The minimum wage for workers in Ontario has increased by $2.95 per hour.
|
Minimum wage rate |
Effective October 1, 2024 |
Effective October 1, 2023 |
Effective October 1, 2022 |
Effective January 1, 2022 |
Effective October 1, 2021 |
Effective October 1, 2020 |
|
General minimum wage |
$17.20 per hour |
$16.55 per hour |
$15.50 per hour |
$15.00 per hour |
$14.35 per hour |
$14.25 per hour |
The minimum wage for students in Ontario
The special minimum wage rates have been fixed for Students under 18. Students who work 28 hours or less than that as a part time job during their school will have the minimum wage increase from $15.60 to $16.20.
|
Minimum wage rate |
Effective October 1, 2024 |
Effective October 1, 2023 |
Effective October 1, 2022 |
Effective January 1, 2022 |
Effective October 1, 2021 |
Effective October 1, 2020 |
|
Student minimum wage |
$16.20 per hour |
$15.60 per hour |
$14.60 per hour |
$14.10 per hour |
$13.50 per hour |
$13.40 per hour |
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The minimum wage for homeworkers in Ontario
The minimum wage for homeworkers in Ontario will be increased from $18.20 to $18.90 per hour. Homeworkers who work from home have seen the highest hourly rise of $3.20 in 2024, from $15.70 to $18.90 per hour.
|
Minimum wage rate |
Effective October 1, 2024 |
Effective October 1, 2023 |
Effective October 1, 2022 |
Effective January 1, 2022 |
Effective October 1, 2021 |
Effective October 1, 2020 |
|
Homeworkers wage |
$18.90 per hour |
$18.20 per hour |
$17.05 per hour |
$16.50 per hour |
$15.80 per hour |
$15.70 per hour |
Ontario Living Wage Network
The average living wage in Ontario is $21 per hour, but in the Greater Toronto Area, it has exceeded $25 per hour.
The Ontario Living Wage Network’s report provides the following breakdown of living wages in various regions of Ontario:
|
Region |
Living Wage |
|
Greater Toronto Area |
$25.05 |
|
Grey Bruce Perth Huron Simcoe |
$22.75 |
|
Dufferin Waterloo Guelph-Wellington |
$20.90 |
|
Brant Niagara Haldimand Norfolk |
$20.35 |
|
North |
$19.80 |
|
Ottawa |
$21.95 |
|
East |
$20.60 |
|
Hamilton |
$20.80 |
|
Southwest |
$18.65 |
|
London Elgin Oxford |
$18.85 |
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