Wages in Canada increased 2.50 percent in November of 2025 over the same month in the previous year. Wage Growth in Canada averaged 2.57 percent from 1992 until 2025, reaching an all time high of 10.10 percent in May of 2020 and a record low of -0.40 percent in May of 2001. source: Statistics Canada
Wage Growth in Canada is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Average Weekly Earnings YoY is projected to trend around 1.70 percent in 2027, according to our econometric models.