Ontario may have to pay $2.7B in retroactive wages if they lose Bill 124 appeal

for the next three years, the FAO says the excess funds are due to the province’s decision to add $15.2 billion in funding to the health sector in the 2023 budget.

About $900 million is being used to pay for retroactive wage increases awarded to some health-sector workers while another $500 million is needed to fund new program changes. However, the office warns that health-sector spending could be influenced by “above-historical increases to health sector wages” and the ongoing legal challenge of Bill 124.

The provincial government is appealing the decision, and the court case is expected to be heard in mid-June.despite the province’s appeal of Bill 124. They have already been awarded an additional 0.75 per cent wage increase for 2020 with an additional one per cent the following year and two per cent in the final year. This has been covered in the provincial spending plans.

The FAO says that about $200 million—taken from the $500 million set aside for new programs—is being allocated for these facilities. An informal referendum, conducted by the coalition, showed that the majority of people who participated were against the privatization of hospital services.

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ontario may have to pay $2.7B in retroactive wages if they lose Bill 124 appealOntario has allocated $4.4 billion more than what is needed to fund the provincial health-care system, according to the Financial Accountability Office (FAO), but if the province loses its appeal of Bill 124, it could be paying back more than half of that to workers in the public sector.
Source: CTVToronto - 🏆 9. / 84 Read more »