The minimum wage is increasing in Ontario, Nova Scotia, Prince Edward Island, Manitoba, and Saskatchewan as of Oct. 1.
The Ontario government announced in April its plan to increase the minimum wage from $17.20 to $17.60 an hour, effective Oct. 1. The hourly rate for students will rise from $16.20 to $16.60.
Minimum wage, the lowest hourly amount an employer can pay a worker, is regulated by provinces and territories.
Ontario’s minimum wage is adjusted each year in accordance with inflation rates within the province. The latest adjustment is determined by the Ontario Consumer Price Index (CPI), which stands at 2.4 percent, resulting in an annual pay increase of $835 for those working 40 hours per week, the province said….