Amid concerns of slower economic growth and a prolonged period of high inflation, Ontario is set to raise its minimum wage by 2.4 per cent later this week.

On Monday, the Ford government announced that the province’s minimum wage would increase to $17.60 from $17.20 an hour starting on October 1, 2025.

“At a time when many families are feeling the pressure of global economic uncertainty, our government will protect Ontario workers with a minimum wage increase that supports our world-class workforce,” David Piccini, the Minister of Labour, Immigration, Training and Skills Development wrote in a statement.

“We will continue to take action to build a strong, resilient workforce ready to face whatever comes our way,” he added.

The government says the changes will mean that a worker making

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