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).

Wage Growth in Canada averaged 2.28 percent from 1992 until 2020, reaching an all time high of 9.10 percent in April 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 July of 2020. source: Statistics Canada

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
9.10 3.20 9.10 -0.40 1992 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-27 12:30 PM Jan 4% 3.5%
2020-04-30 12:30 PM Feb 3.7% 3.8%
2020-05-28 12:30 PM Mar 3.7% 3.7% 3.1%
2020-06-25 12:30 PM Apr 9.1% 3.2%
2020-07-30 12:30 PM May 9.1%
2020-08-27 12:30 PM Jun 6%
2020-09-24 12:30 PM Jul
2020-10-29 12:30 PM Aug


News Stream
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 Earnings Growth at 3.7% in March
Average weekly earnings of non-farm payroll employees in Canada grew 3.7 percent year-on-year to CAD 1,053 in March of 2020. The increase was led by utilities (10.7 percent); information and cultural industries (7 percent) and transportation and warehousing (6.3 percent). Earnings rose the least in manufacturing (0.9 percent) and professional, scientific and technical services (1.5 percent).
2020-05-28
Canada Weekly Earnings Rise 3.7% YoY in February
Average weekly earnings of non-farm payroll employees in Canada grew 3.7 percent year-on-year to CAD 1,046 in February of 2020, following a 4 percent rise in the previous month. The increase was led by accommodation and food services (7%); retail trade (5.5%) and construction (5.2%). Earnings were little changed in wholesale trade (1.6%), administrative and support services (1.5%) and educational services (0.8 percent). Earnings rose in all provinces in December, mostly in British Columbia.
2020-04-30
Canada Weekly Earnings Rise the Most since 2011
Average weekly earnings of non-farm payroll employees in Canada rose 4 percent year-on-year to CAD 1,051 in January 2020, following an upwardly revised 3.5 percent increase in the previous month. It was the largest gain in earnings since January 2011, led by accommodation & food services (8% to CAD 438), with full-service restaurants and limited-service eating place industry contributing the most to the growth. Other rises were seen in construction (7.1% to CAD 1,330); administrative & support services (5.7% to CAD 870); professional, scientific and technical services (4.7% to CAD 1,476); manufacturing (4.4% to CAD 1,176); health care & social assistance (4.1% to CAD 955); retail trade (3.6% to CAD 626); public administration (2.6% to CAD 1,357) and wholesale trade (2.2% to CAD 1,247). Average weekly earnings increased in all provinces except for Manitoba, where there was little change.
2020-03-27

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.