As of today, February 21, 2024, the minimum salary per hour in Ontario, Canada, is $16.55. This rate is effective from October 1, 2023, and will last until September 30, 2024.
The Ontario government revised the minimum wage recently. This change is a significant increase from the previous rate of $15.50 per hour.
Summary of Canada 1 Hour Salary
Aspect | Details |
---|---|
Current Minimum Wage | $16.55 per hour |
Effective Period | October 1, 2023 – September 30, 2024 |
Comparison with Previous Rate | Increased from $15.50 per hour |
Student Minimum Wage | $15.60 per hour |
Homeworkers Wage | $18.20 per hour |
Liquor Servers Wage | Same as General Minimum Wage ($16.55 per hour) |
Wage for Hunting/Fishing Guides | $82.85 for less than 5 hours, $165.74 for 5+ hours |
The minimum wage rates vary for different groups. For example, students earn $15.60 per hour if they are under 18 and work 28 hours or less a week.
Ontario’s Minimum Wage History
Ontario’s minimum wage has changed a lot over the last 30 years. In 1995, it was just $6.85 per hour.
By 2004, the rate increased to $7.15 per hour. The rate has continued to rise, reaching $14.25 per hour between 2020 and 2021.
Understanding the Changes in Minimum Wage
The minimum wage rates often change due to inflation or economic conditions. These rates are set by the government and published before April 1 each year.
The new rates apply from October 1 onwards. All details about these changes are available on the Ontario government’s website.
Different Wages for Different Jobs
Not all workers in Ontario earn the same hourly wage. Homeworkers, for example, earn $18.20 per hour.
The wages for liquor servers and hunting, fishing, and wilderness guides also differ. Guides earn based on the number of hours worked per day.
Impact on Workers’ Earnings
Let’s take an example. A worker who works 38 hours a week at the general minimum wage will earn $628.9 weekly (38 hours * $16.55).
These changes in the minimum wage significantly impact the earnings of Ontario workers.
Canada’s Minimum Wage Compared to Other Provinces
Each province in Canada has its own minimum wage rate. Ontario’s rate is one of the highest in the country.
This reflects the province’s economic conditions and cost of living.
Future Predictions for Ontario’s Minimum Wage
The minimum wage in Ontario is likely to keep changing. It depends on factors like inflation and the overall financial situation.
Workers and employers need to stay updated with these changes for proper wage calculations.
Frequently Asked Questions
What is the current minimum wage in Ontario?
The current minimum wage in Ontario is $16.55 per hour, effective from October 1, 2023.
How often does Ontario’s minimum wage change?
Ontario’s minimum wage usually changes annually, based on inflation and economic conditions.
Does the minimum wage vary for different types of workers in Ontario?
Yes, there are different rates for general workers, students, liquor servers, homeworkers, and certain types of guides.
How can I find out about the historical minimum wage rates in Ontario?
You can visit the Canadian Government’s authorized web portal to access the Minimum Wage Database for historical data since 1965.
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