ontario minimum wage history

The purpose of minimum wage laws: not to fix wages, but to draw a certain line, below which wages may not fall. In 2005, Ontario’s minimum wage sat at $7.45. Nunavut: $16.00. Since the 1970s, the biggest wage … Effective as of April 1, 2020. Annual federal minimum wage rates adjusted for inflation from 1955 to 2015 Statistics Canada notes that "youth, women and persons with a low level of education were the groups most likely to be paid at minimum wage." Issued: January 27, 2014; Content last reviewed: January 2014; Ontario Minimum Wage Rates, 1965-2010; Effective Date Minimum Wage; 31-Mar-10 The calculation for the base wage will return to the CPI formula on April 1, 2022. 50.2% of workers in this age group were paid minimum wage in 2013, an increase from 31.5% in 1997. Download National Wage Committee's Notification Re: Minimum Wage Rate(No.8) Download Wage committee announcement on minimum wage rate (No.7) and Explanation and Summary of minimum wage rate 2013 ,Entered into force 1 January 2013 Download Wage committee announcement on minimum wage rate (No.6) and Explanation and Summary of minimum wage rate … The purpose and anticipations of the recently-formed Board in the Province of Ontario. Benefits such as paid vacations, 48-hour work weeks, and a framework for pay equity were added over time, but in the early 1960s, Ontario was one of only three provinces to lack a minimum wage for men. Ontario: $14.25 View more information. The minimum wage increase is the steepest in Ontario’s history. In Ontario, from 2005 to 2014, the unemployment rate continuously dropped through the six-month period after each minimum wage increase. An increase of this magnitude is unprecedented in Ontario’s history. In 2013, 39.8% of minimum wage workers were between the ages of 15 and 19; in 1997, it was 36%. In 1970, Ontario’s minimum wage was set at $1.50 per hour. Canada’s minimum wage laws vary between provinces and territories and there is no federal minimum wage law. View more information. The minimum wage in the province last increased in … Raising the minimum wage from $11.40 to $15.00 by 2019 (+$3.60) is an increase of 32 percent in 18 months. After adjusted for inflation, that would be the equivalent of $9.64 in 2017 dollars. A 0.25 cent increase to the minimum wage in Ontario has come into effect Oct. 1 bringing the new rate to $14.25.. What minimum legislation means. The minimum wage in NU is reviewed annually on April 1. The principle underneath minimum wage laws: the right to live. The NS minimum wage will move to $13.10 on April 1, 2021. Since the first federal minimum wage was set in 1938, it has been raised 22 times by 12 different presidents. 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