The annual increase is set to help almost 700,000 workers.
TORONTO - Ontario's minimum wage is increasing to help combat economic uncertainty.
Effective October 1st, the Ford government sets the increase to $17.95, up from the current $17.60. The Ford Government says it will benefit more than 700,000 workers, with roughly 35 per cent of them being employed in retail and 24 per cent in food services.
Ontario's minimum wage increases every October based on Ontario's Consumer Price Index, which is currently at 1.9 per cent.
We currently have one of the highest minimum wages in Canada, just behind Nunavut at $19.75.
The Government of Canada just announced the federal rate to $18.15 an hour, which was an increase of 21 per cent since the introduction of the federal minimum wage in 2021.

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