Ontario is one of the most crowded states in Canada and it offers lots of job opportunities to newcomers. Whether you are going to move or migrate to Ontario, you will not have a challenging time finding a job to support yourself. Moreover, Ontario is one of the highest paying states in terms of the minimum wage. Right now, the minimum wage in Ontario is $14.25 per hour. Although the government did not make any statements about the future increase in the minimum wage, many experts have estimations about the increase that will take place on October 1, 2021. If you would like to learn more about the future increase in the minimum wage, then keep reading!
1% Increase in Ontario Minimum Wage in 2021
Depending on the current economic conditions in the country and state, experts believe that the minimum wage increase in Ontario will be around 1%. This increase is determined mainly by the inflation rates in the state. Ontario has one of the most stable economies in Canada during the last year, therefore, there will not be any dramatic increase such as the one that happened in 2017. Considering that no major price rises occurred in the last year and the Ontario consumer price index, there will be around 10 cent increase in the minimum wage in the state. If this seems quite low for you, have no worries since you can easily start a new life and sustain your lifestyle by working in a job with minimum wage.
Minimum Wage Exemptions in Ontario in 2021
Since the Canadian government did not make any announcements yet, we cannot provide you detailed information about the future increase. However, just like in the past, all kinds of workers will benefit from the increase. Besides regular workers, three types of workers work for different minimum wages. These are;
- Students who are under 18 years old and work less than 28 hours weekly
- Liquor servers
- Homeworkers
The above-mentioned individuals receive $13.40, $12.45, and $15.70 minimum wage per hour. Experts believe that the estimated 1% increase in the minimum wage in Ontario will also be valid for them. This will increase their minimum wages to $13.55, $12.55, and $15.85, on average.