Ontario is raising the general minimum wage from $11 to $11.25 per hour, effective October 1, 2015. Minimum wage rates for jobs in special categories (liquor servers, homeworkers, students, etc.) are also increasing at the same time.
The increase is the result of recent changes to the Employment Standards Act, 2000 (ESA) that tie minimum-wage increases to Ontario's Consumer Price Index (CPI). This was recommended by the Minimum Wage Advisory Panel in its final report last year.
Increasing the minimum wage in a fair and predictable manner is part of the government's economic plan for Ontario. The four-part plan is building Ontario up by investing in people's talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives and building a secure savings plan so everyone can afford to retire.
Bizacctax' Comment for Small Business Owners and Self-employed Individuals:
Unfortunately, you are not protected by this, if you are at the lower-end or a starter, you may feel unfair, so you need make sure you claim every eligible tax credits.
The increase is the result of recent changes to the Employment Standards Act, 2000 (ESA) that tie minimum-wage increases to Ontario's Consumer Price Index (CPI). This was recommended by the Minimum Wage Advisory Panel in its final report last year.
Increasing the minimum wage in a fair and predictable manner is part of the government's economic plan for Ontario. The four-part plan is building Ontario up by investing in people's talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives and building a secure savings plan so everyone can afford to retire.
Bizacctax' Comment for Small Business Owners and Self-employed Individuals:
Unfortunately, you are not protected by this, if you are at the lower-end or a starter, you may feel unfair, so you need make sure you claim every eligible tax credits.