New Advisory Panel to Examine Ontario's Minimum Wage System
Province Committed to Ensuring a Fair and Prosperous Society for All Ontarians
Ontario has appointed a Minimum Wage Advisory Panel, chaired by Anil Verma, Professor of Human Resource Management at the University of Toronto's Rotman School of Management, to help ensure a process that is fair for workers, predictable for business and creates more opportunities for all Ontarians.
Through consultations with business and labour groups, workers, anti-poverty advocates and academics, the panel will examine the province's current minimum wage policy and provide advice on how Ontario should determine the minimum wage in the future. The panel will also recommend a process to set the minimum wage that is both fair to workers and predictable for businesses.
Ensuring a fair and predictable minimum wage system is part of the Ontario government's plan to building a more prosperous economy, while ensuring a fair society for all.
- The minimum wage has increased 50 per cent since 2003, from $6.85 to $10.25 per hour, giving Ontario one of the highest provincial minimum wages in Canada.
- The current Ontario general minimum wage is $10.25 per hour.
- Ontario, British Columbia and the Northwest Territories are the only Canadian provinces that do not have a formal mechanism for calculating or adjusting the minimum wage.
- The Chair of the panel will provide his advice to government this winter.
“We are proud of our record in raising living standards for our province’s most vulnerable individuals. By establishing the Minimum Wage Advisory Panel, we’re taking steps to ensure that the setting of minimum wage is out of politicians’ hands. This will ensure a fair wage for Ontario’s workers and predictability for businesses.”
“I am very hopeful that with a balanced approach we can come up with a system that will ensure both job creation and income security for all Ontarians.”