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Posted on April 30 2024

Ontario increases the minimum salary wage to $17.20 per hour. Apply for Canada work permit now!

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By  Editor
Updated April 30 2024

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Highlights: Minimum Salary Wage in Ontario increased to $17.20 per hour

  • The government of Ontario is to increase the minimum wage from $16.55 to $17.20 per hour.
  • The new changes are to be effective from October 01, 2024.
  • British Columbia tops the list of major Canadian provinces offering the highest minimum wage of $17.40 per hour.
  • Ontario will rank second in minimum wage per the Ontario Consumer Price Index (CPI).

 

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New Ontario Minimum Wage

Ontario Government will increase the minimum salary wage for workers to $17.20 per hour from October 01, 2024. The increase in annualized salary will shoot up to 3.9% in Ontario. Following the increase in annual wages, Ontario will rank as the second major province offering a high minimum wage in Canada.

 

Among all major Canadian provinces, British Columbia reports to offer the highest minimum wage of $17.40 per hour beginning from June 01, 2024. Workers can expect an annual salary increase of up to $1355 if they work at least 40 hours per week and get the basic minimum wage.

 

The table below shows the increase in the minimum salary for workers since 2020:

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

 

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Special Ontario Minimum Wage

Under-18 students in Ontario working for at least 28 hours per week throughout their school year or during summer breaks will also get an increased minimum salary. The hourly minimum wage for students will increase to $16.20 from the current $15.60. Since 2020, the minimum wage for under-18 students reported a growth rate of $2.80 per hour.

 

The table below shows the increase in minimum salary for students since 2020:

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

 

Homeworkers in Ontario doing paid work from home will also benefit from the increase in minimum wages. The minimum salary for homeworkers will increase to $18.90 per hour from the current $18.20. Hunters, fishermen, and wilderness guides will also get an increased minimum wage of $86 per day for working less than five consecutive hours. The minimum salary will increase from $165.75 to $172.05 per day if they are working for more than five consecutive hours.

 

The highest hourly wages for homeworkers have rose by $3.20 per hour. The table below shows the increase in the minimum salary for homeworkers since 2020:

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

 

Note: Students working as homeworkers will receive the same minimum wage set for homeworkers, regardless of age.

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Average Living Wages in Ontario

 Recent reports by the Ontario Living Wage Network reveal that the median living wage in Ontario is around $21 per hour. Ontario has 635 companies along with 868 certified living wage workplaces that pay living wages voluntarily instead of minimum wages.

 

The table below provides the living wage rates across 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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For recent immigration updates on Canada, check out Y-Axis Canada Immigration news!

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Canada Immigration

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