For the second time this year, the Ontario government is raising the minimum wage to put a little extra cash in your pocket.
Starting October 1, 2022, the minimum wage will increase to $15.50 per hour, which is an eight per cent increase over one year to assist with inflation and rising costs.
“For many Ontarians, wages haven’t kept up with the increasing cost of living, making it harder than ever to make ends meet,” said Premier Doug Ford. “Ontario’s workers are the best anywhere, and they will be at the forefront of building the province. They deserve to have more money in their pockets and the increase we’re announcing today is one more way we are delivering for our workers.”
The next increase this fall, which is tied to the Consumer Price Index, means that workers earning the general minimum wage and working 40 hours per week would see their annual pay rise by $1,768. Liquor servers who work 40 hours per week would see an annual raise of $5,512.
In January 2022, the province raised the general minimum wage to $15 and removed the lower minimum wage for liquor servers.
In October 2022, Ontario’s new minimum wage rates will be:
General: $15.50 per hour, a raise from $15 per hour
Students under 18: $14.60 per hour, a raise from $14.10 per hour
Hunting, fishing, and wilderness guides: $77.60 per day, a raise from $75, when working less than five consecutive hours in a day; and $155.25 per day, a raise from $150.05, when working five or more hours in a day
Homeworkers (those who do paid work out of their own homes for employers): $17.05 per hour, a raise from $16.50 per hour