2024 Cost Of Living Increase Ontario 2024. Toronto, canada, june 17, 2024 — mercer, a business of marsh mclennan (nyse: As of october 1, 2024, ontario’s minimum wage will rise from $16.55 to $17.20 per hour.

To live comfortably, you need to earn around c$35 an hour or about c$70,000 per. 36 rows historical inflation rates for canada.