👉Starting from October 1st, the minimum wage in Ontario will increase to $16.55 per hour, a 6.8% increase from the current rate of $15.50 per hour, which is tied to inflation. This means that individuals who work 40 hours a week at minimum wage will see a pay increase of almost $2,200 annually. However, labor advocates and opposition critics argue that Ontario should implement a $20 minimum wage. The Ontario Living Wage Network suggests that the living wage in many areas of the province should be $19, while in the Greater Toronto Area, it should be over $23. Despite this, Labor Minister Monte McNaughton believes the upcoming increase will significantly assist individuals in coping with the rising cost of living.✅ . . #minimumwage #ontario #livingwage #workersrights #inequality #fairwages #labourlaws #minimumwageincrease #mnm #malayalisnearmeapp #canadaupdate #canadanews