The minimum wage hike may sting more in condo communities than other types of households as they face new costs and fees associated with recent changes to Ontario’s condo laws. The province recently passed the Fair Workplaces, Better Jobs Act, which will raise the minimum wage $3.40 per hour over the span of a year. At $11.60, the current minimum wage was up 20 cents as of Oct. 1, 2017, and will climb to $14 in the New Year before reaching $15 on Jan. 1, 2019. The minimum wage hike of $2.40 per hour on Jan. 1, 2018, will land the day after the first payment to the newly established Condominium Authority of Ontario (CAO) comes due on Dec. 31, 2017. Read the article……………….
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