Average weekly earnings of non-farm payroll employees in Canada rose 3.3% year-on-year to CAD 1,042 in October of 2019, following a downwardly revised 3.7% gain in September. Wage increases were led by administrative and support services (9.1% to CAD 838.73); utilities (9.1% to CAD 1,955.55); and arts, entertainment and recreation (7.1% to CAD 635.28). Payroll employees in manufacturing earned an average of CAD 1152 per week, an increase of 5.5%. Wages in the mining, oil and gas extraction industry went up 4.1% to CAD 2153.43, the highest among the 20 sectors covered. On the other hand, wages fell by 6.1% to CAD 1169.29 in the forestry, logging and support sector.
Wage Growth in Canada averaged 2.24 percent from 1992 until 2019, reaching an all time high of 5.50 percent in September of 2005 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. source: Statistics Canada
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. Looking forward, we estimate Wage Growth in Canada to stand at 2.50 in 12 months time. In the long-term, the Canada Average Weekly Earnings YoY is projected to trend around 3.20 percent in 2020, according to our econometric models.