Average weekly earnings of non-farm payroll employees in Canada grew 8.7 percent year-on-year to CAD 1,118 in July of 2020, following a downwardly revised 9.3 percent rise in the previous month. The increase was led by arts, entertainment & recreation (17.7 percent to CAD 734); educational services (12.4 percent to CAD 1,180); real estate and rental and leasing (11.2 percent to CAD 1,189); administrative and support, waste management and remediation services (10.6 percent to CAD 907); and finance & insurance (10.4 percent to CAD 1,513). Meanwhile, earnings dropped in utilities (-5.8 percent to CAD 1,792); and forestry, logging & support (-2.9 percent to CAD 1,172). The total weekly payroll for all employees rose for a second consecutive month in July, up 5 percent compared with June. This brought the total weekly payroll to 95.1 percent of its pre-COVID level. source: Statistics Canada

Wage Growth in Canada averaged 2.33 percent from 1992 until 2020, reaching an all time high of 10.40 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 October of 2020.

Wage Growth in Canada is expected to be 4.00 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 3.50 in 12 months time. In the long-term, the Canada Average Weekly Earnings YoY is projected to trend around 3.50 percent in 2021 and 3.20 percent in 2022, according to our econometric models.

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Canada Average Weekly Earnings YoY

Actual Previous Highest Lowest Dates Unit Frequency
8.70 9.30 10.30 -0.40 1992 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-25 12:30 PM Apr 9.1% 3.2%
2020-07-30 12:30 PM May 10.4% 9.6%
2020-08-27 12:30 PM Jun 9.4% 10.3% 8.6%
2020-09-24 12:30 PM Jul 8.7% 9.3%
2020-10-29 12:30 PM Aug 8.7%
2020-11-26 01:30 PM Sep 4%
2020-12-22 01:30 PM Oct


News Stream
Canada Average Earnings Growth at 8.7% in July
Average weekly earnings of non-farm payroll employees in Canada grew 8.7 percent year-on-year to CAD 1,118 in July of 2020, following a downwardly revised 9.3 percent rise in the previous month. The increase was led by arts, entertainment & recreation (17.7 percent to CAD 734); educational services (12.4 percent to CAD 1,180); real estate and rental and leasing (11.2 percent to CAD 1,189); administrative and support, waste management and remediation services (10.6 percent to CAD 907); and finance & insurance (10.4 percent to CAD 1,513). Meanwhile, earnings dropped in utilities (-5.8 percent to CAD 1,792); and forestry, logging & support (-2.9 percent to CAD 1,172). The total weekly payroll for all employees rose for a second consecutive month in July, up 5 percent compared with June. This brought the total weekly payroll to 95.1 percent of its pre-COVID level.
2020-09-24
Canada Weekly Earnings Rise 9.4% YoY in June
Average weekly earnings of non-farm payroll employees in Canada grew 9.4 percent year-on-year to CAD 1,119 in June of 2020, following a revised record 10.3 percent jump in the previous month. The increase was led by arts, entertainment & recreation (26.3 percent to CAD 774); real estate and rental and leasing (14.6 percent to CAD 1,127); administrative and support, waste management and remediation services (9.4 percent to CAD 911); public administration (9.3 percent to CAD 1,458) and finance & insurance (9.1 percent to CAD 1,478). On the other hand, earnings dropped in forestry, logging & support (-8.9 percent to CAD 1,130). Earnings rose in all provinces in June, most notably in Prince Edward Island, British Columbia and Ontario.
2020-08-27
Canada Average Earnings Growth at Record High
Average weekly earnings of non-farm payroll employees in Canada grew 10.4 percent year-on-year to CAD 1,139 in May 2020, following an upwardly revised 9.6 percent rise in the previous month. It was the largest gain in earnings since available records began in January of 1992, led by arts, entertainment & recreation (27.3 percent to CAD 798); accommodation & food services (15.2 percent to CAD 480); management of companies and enterprises (13 percent to CAD 1,683); other services (12.4 percent to CAD 965); and retail trade (10.5 percent to CAD 1,136). On the other hand, earnings dropped in mining, quarrying, and oil & gas extraction (-3 percent to CAD 2,173); and utilities (-0.4 percent to CAD 1,901).
2020-07-30
Canada Weekly Earnings Rise the Most on Record
Average weekly earnings of non-farm payroll employees in Canada grew 9.1 percent year-on-year to CAD 1,112 in April of 2020, following a downwardly revised 3.2 percent rise in the prior month. It was the largest gain in earnings since available records began in January of 1992, led by arts, entertainment & recreation (25.8 percent to CAD 770); accommodation & food services (13.7 percent to CAD 466); information and cultural industries (10.2 percent to CAD 1,400) and finance & insurance (7.2 percent to CAD 1,464). Meanwhile, wages declined in mining, quarrying, and oil & gas extraction (-2.9 percent to CAD 2,082) and professional, scientific & technical services (-0.4 percent to CAD 1,449).
2020-06-25

Canada Average Weekly Earnings YoY
In Canada, average weekly earnings (including overtime) refers to the gross taxable payroll (including overtime) divided by the number of employees. It is calculated for all types of employees. In general, changes in weekly earnings reflect a number of factors, including wage growth; changes in the composition of employment by industry, occupation and level of job experience; and average hours worked per week.