Ontario says it will raise minimum wage to $17.20 later this year

The Ontario government under Premier Doug Ford has announced an upcoming increase in the province's minimum wage by 65 cents this fall. Effective October 1st, the minimum hourly wage in Ontario will rise to $17.20, marking a raise from the current rate of $16.55. The decision, outlined in a release on Thursday, follows a 3.9 percent annualized wage hike, reflecting the Ontario Consumer Price Index (CPI). With this adjustment, Ontario's minimum wage will rank as the second highest across Canada.