The province says it will act after releasing the panel report on minimum wage and as Newstalk 1010 told you first it contains four recommendations. which include how Ontario should calculate the new hourly wage.
The announcement from Queen's Park is expected to come later this week, according to sources.
The panel says the government should change minimum wage each year on April 1st in relation to inflation. It also says the province should review the process every five years and make sure it stays on top of minimum wage issues.
The group says a minimum of four months' notice of any wage change should be given to businesses.
And while the province says it will do something, Labour Minister Yasir Naqvi wouldn't give aspecific timeline or by how much, only saying they will outline something "in the very near future."
The hourly wage is now $10.25 and was last changed in 2010.
At a by-election campaign stop in Thornhill earlier today, Premier Wynne stressed this entire process is about both keeping and creating jobs in the province.
Healthcare providers and other special interest groups have called on the province to raise the minimum wage to $14/hr but Wynne says that wouldn't happen in one fell swoop.
The panel conducted public consultations in 10 cities across the province to help complete this report. Businesses had underlined during these discussions that they can only absorb small minimum wage increa