A small but growing – and surprising – number of workers are rejecting Canadian dollar salaries for Bitcoin, according to a Waterloo, Ont., payroll firm.
Wages
Ontario is increasing the minimum wage from $10.25 to $11 per hour on June 1, 2014. This new rate reflects the rise in the Consumer Price Index (CPI) since the last minimum wage increase in 2010 and is part of the provincial government’s commitment to fairness.
The government will also introduce legislation that would tie future minimum wage increases to the CPI. This will ensure the minimum wage keeps up with the cost of living, and that increases are predictable for businesses and families. Under the proposed legislation, increases would be announced by April 1 and come into effect on Oct. 1.
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