Average weekly earnings of non-farm payroll employees in Canada rose 2.6 percent year-on-year to CAD 1,137 in September of 2021 and little changed from the previous month. It was the fourth straight month of increases in average weekly earnings and at the steepest pace since March. The largest gains were seen in management of companies and enterprises (16.1 percent to CAD 1,590); mining, quarrying, and oil and gas extraction (10.8 percent to CAD 2,242); information and cultural industries (8.5 percent to CAD 1,658) and accommodation and food services (7.8 percent to CAD 462). Across Canadian provinces, earnings rose the most in British Colombia (4 percent to CAD 1,137), Manitoba (3.8 percent to CAD 1,028) and Newfoundland and Labrador (3.4 percent to CAD 1,132). source: Statistics Canada
Wage Growth in Canada averaged 2.43 percent from 1992 until 2021, reaching an all time high of 10.30 percent in May of 2020 and a record low of -0.40 percent in May of 2001. This page provides - Canada Average Weekly Earnings YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Average Weekly Earnings YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Wage Growth in Canada is expected to be 2.50 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 3.50 percent in 2022 and 3.20 percent in 2023, according to our econometric models.