Premier Kathleen Wynne announced on Tuesday that the increase will be phased in gradually. "The Government of Meghalaya has revised the Minimum Wages in respect of the Schedule of Employments w.e.f. 1st April, 2017", Labour department principal secretary said in a statement.
The increase would be phased in, starting with $9 an hour in January and hitting $15 by 2022.
The federal minimum wage has remained unchanged at $7.25 per hour since July 2009. Now it is only available to employees at companies with more than 50 people, but proposed legislation would ensure all employees in the province get 10 days per year, two of them paid. The Republican has said he'd support a minimum wage increase in conjunction with other regulatory changes.
"Section 2 of the Principal Act is hereby amended by inserting immediately after sub-section 2 a new sub-section 3 to read as follows: "the Minister may by order published in the Federal Gazette review the minimum wage any time before 5 years from the day of last review in the event of some supervening circumstances in the interest of the national economy and Nigerian workers".
The report didn't examine the minimum wage, which is now indexed to inflation and had been set to rise from $11.40 to $11.60 in October, but Wynne said raising it will make a difference in millions of people's lives.
Meanwhile, many states and municipalities already have minimum wages that are higher than the federal level.
While some are thrilled about the proposed hike, others, like the Owen Sound & District Chamber of Commerce have expressed concerns about its impact on companies, especially small businesses.
"There is no law today that compels government to increase salaries or review wages". "Small businesses, who don't share the larger profit margins of big business, will be forced to make hard choices".
The Ontario government plans to table the new labour laws this week and send the legislation to committee for consultations this summer.
However, this minimum may not apply to all 50 states, as states have the leeway to set their own minimum and an employee is entitled to the higher of the two minimum wages.
The government has planned for the majority of the labour standards changes to come into effect in early 2018. "This is money that gets spent and invested right back in the community".
"We are shocked and appalled that the government is broadsiding small business owners with a 32-per-cent increase in the minimum wage within only one-and-a-half years", said CFIB director Julie Kwiecinski.