Ontario is taking the next step to ensure the province's minimum wage keeps pace with the cost of living, and that increases are fair for families and predictable for businesses.
The province is introducing the Fair Minimum Wage Act today, which, if passed, would tie future annual minimum wage increases to Ontario's Consumer Price Index. Under the proposed legislation, increases to the general minimum wage and all special categories would be announced by April 1 of each year, and come into effect on Oct. 1.
The proposed legislation follows the province's commitment to increase minimum wage from $10.25 to $11 per hour on June 1, 2014.
Increasing the minimum wage and establishing a fair and predictable way of setting future adjustments is part of the government's economic plan that is creating jobs for today and tomorrow. The comprehensive plan and its six priorities focus on Ontario's greatest strength -- its people and strategic partnerships.