In Brief: All About The Minimum Wage
Minimum wage is the lowest pay rate that employers are allowed to offer employees in Ontario. The minimum wage is a floor and no employer can go below it.
The minimum wage applies to most Ontario workers (but not all workers), including workers working full-time, part-time, casually, or whether they are paid by the hour, commission, per piece, a flat rate, or a salary.
The Minimum Wage in 2024
The minimum wage in Ontario in 2024 is $16.55 per hour (source).
The minimum wage in Ontario in 2024 is up $1.05 since 2023, or 6.8%.
In 2023, the minimum wage in Ontario was $15.50.
The 2024 Ontario minimum wage came into effect on October 1, 2023.
Ontario’s new minimum wage makes it the highest in Canada as of the date this article was published.
Nearly 1,000,000 Ontario workers earn minimum wage, mostly in retail and food preparation.
Minimum Wage Next Year
The minimum wage changes every year in October generally, and it is changed based on increases in the Ontario Consumer Price Index.
Expect Ontario’s minimum wage to increase again in 2025 because, as we all know, inflation (e.g. the Ontario Consumer Price Index) is increasing at historical rates.
Minimum Wage Rates (2020-2024)
|Minimum Wage Rate||Rates from Oct 1, 2023 to Sep 30, 2024||Rates from Oct 1, 2022 to Sep 30, 2023||Rates from Jan 1, 2022 to Sep 30, 2022||Rates from Oct 1, 2021 to Dec 31, 2021||Rates from Oct 1, 2020 to Sep 30, 2021|
|General minimum wage||$16.55 per hour||$15.50 per hour||$15.00 per hour||$14.35 per hour||$14.25 per hour|
Jeff is a lawyer in Toronto who works for a technology startup. Jeff is a frequent lecturer on employment law and is the author of an employment law textbook and various trade journal articles. Jeff is interested in Canadian business, technology and law, and this blog is his platform to share his views and tips in those areas.