Ontario's minimum wage is going up to $11/hr, but is it enough?
UPDATE: It is confirmed, the minimum wage is going up to $11/hr, effective June 1st, 2014.
If you're making minimum wage, expect a raise in the near future.
Several reports are indicating the province is close to announcing a move to take the minimum wage to $11 an hour from $10.25. The announcement could come as soon as this week after the wage has been frozen in place since 2010. The rate of $11 per hour is being calculated as a retroactive increase, factoring in a 6.7% increase in prices over the last 4-years.
There may also be regular increases in the future that will be tied to the rate of inflation, with businesses getting four months notice of an pending increase.
Broderick Carey with the Oxford Regional Labour Council has been among those in the province calling for a $14 per hour minimum wage.
While he's in favour of the proposal to tie the minimum wage to inflation, he says that shouldn't be without bringing it to $14 first. "To raise everybody out of poverty. To do anything less is really legislating people to live in poverty."
Carey also believes a $14 an hour minimum wage would make for a healthier economy. "It won't cost the government a dime, and it will really stimulate the economy to the tune of $5-Billion. People that are living at the poverty line, or just above, are not travelling around the world. They are actually spending that money in their community, which will help create jobs."
Tell us what you think...
{POLL_30}
Winter Driving Reminder from the OPP
Head On Collision Under Investigation
Animal Cruelty Incident Under Investigation
Woodstonian Charged in Human Trafficking Investigation
Changing Lives in Canada and Rwanda
Woodstock Prepares for the Lighting of Museum Square
A New Coalition Comes to Oxford County
Man Charged in EZT After Traffic Complaint
United Way Stair Climb Successful in Woodstock
Woodstock Chamber Celebrates Local Business
Registration Opens for Snow Buddies
Harvards Prepare for Remembrance Day
Students Face Off in United Way Stair Climb Today
Teenage Driver Charged with Impaired
Thistle Theatre Presents: The Perils of Persephone
CO Awareness Week Underway
Strong Winds Expected for Oxford
Federal Liberals Table Budget
TDMH Celebrates a Year of the RAFT
News Poll: Poppy Campaign Underway
Comments
Add a comment