Average weekly earnings of non-farm payroll employees in Canada inched down 0.1 percent year-on-year to CAD 1,138 in May of 2021, and went up 0.9 percent on a monthly basis. It was the first decrease since October of 2016, amid ongoing public health restrictions. The latest reading continues to reflect a number of factors, including the changes over the period in the number of hourly paid and largely lower-paid employees, compared with salaried employees, and changes in the industries of employment. The steepest losses were seen in management of companies & enterprises (-8.0 percent to CAD 1,550); retail trade (-4.5 percent to CAD 641); accommodation & food services (-3.9 percent to CAD 457); and healthcare & social assistance (-2.3 percent to CAD 996). Earnings fell in most Canadian provinces, most significantly in Prince Edward Island (-6.2 percent to CAD 934); Newfoundland & Labrador (-5.5 percent 1,079); and the Northwest Territories (-3.7 percent to CAD 1,517). source: Statistics Canada

Wage Growth in Canada averaged 2.44 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 July of 2021.

Wage Growth in Canada is expected to be 3.50 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 3.00 in 12 months time. 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.

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Canada Average Weekly Earnings YoY

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 1.10 10.30 -0.40 1992 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-29 12:30 PM Feb 9% 8.1%
2021-05-27 12:30 PM Mar 7.4% 9%
2021-06-24 12:30 PM Apr 1.1% 7.4%
2021-07-29 12:30 PM May -0.1% 1.1%
2021-08-26 12:30 PM Jun
2021-09-30 12:30 PM Jul
2021-10-28 12:30 PM Aug
2021-11-25 01:30 PM Sep


News Stream
Canada Weekly Earnings Edge Lower in June
Average weekly earnings of non-farm payroll employees in Canada inched down 0.1 percent year-on-year to CAD 1,138 in May of 2021, and went up 0.9 percent on a monthly basis. It was the first decrease since October of 2016, amid ongoing public health restrictions. The latest reading continues to reflect a number of factors, including the changes over the period in the number of hourly paid and largely lower-paid employees, compared with salaried employees, and changes in the industries of employment. The steepest losses were seen in management of companies & enterprises (-8.0 percent to CAD 1,550); retail trade (-4.5 percent to CAD 641); accommodation & food services (-3.9 percent to CAD 457); and healthcare & social assistance (-2.3 percent to CAD 996). Earnings fell in most Canadian provinces, most significantly in Prince Edward Island (-6.2 percent to CAD 934); Newfoundland & Labrador (-5.5 percent 1,079); and the Northwest Territories (-3.7 percent to CAD 1,517).
2021-07-29
Canada Weekly Earnings Rise the Least in Over 2 Years
Average weekly earnings of non-farm payroll employees in Canada advanced 1.1 percent year-on-year to CAD 1,129 in April of 2021, the slowest annual increase since February of 2019. The latest reading continues to reflect a number of factors, including the changes over the period in the number of hourly paid and largely lower-paid employees, compared with salaried employees, and changes in the industries of employment. The largest gains were seen in construction (9.5 percent to CAD 1,420); information and cultural industries (8.1 percent to CAD 1,513); administrative and support, waste management and remediation services (8.0 percent to CAD 965); and forestry, logging, and support (7.2 percent to CAD 1,310). Earnings fell in most Canadian provinces, except for Ontario (3.4 percent to CAD 1,171), Quebec (1.6 percent to CAD 1,069), British Columbia (0.4 percent to CAD 1,111), and Yukon (unchanged at CAD 1,256). On a monthly basis, average weekly earnings edged up 0.7 percent.
2021-06-24
Canada Weekly Earnings Up 7.4% in March
Average weekly earnings of non-farm payroll employees in Canada advanced 7.4 percent year-on-year to CAD 1,125 in March of 2021, reflecting a number of factors, including the changes over the period in the number of hourly paid and largely lower-paid employees, compared with salaried employees, and changes in the industries of employment. The largest gains were seen in information and cultural industries (19.1 percent to CAD 1,618); forestry, logging and support (12.8 percent to CAD 1,293); management of companies and enterprises (11.8 percent to CAD 1,586); arts, entertainment and recreation (9.7 percent to CAD 732); and construction (8.6 percent to CAD 1,362). Across Canadian provinces, employees saw their earnings rise the most in Ontario (9.9 percent to CAD 1,171); British Columbia (8.0 percent to CAD 1,111); and Manitoba (7.6 percent to CAD 1,009).
2021-05-27
Canada Weekly Earnings Rise 9% YoY in February
Average weekly earnings of non-farm payroll employees in Canada grew 9% year-on-year to CAD 1,140 in February of 2021, the largest gain since last June, reflecting a number of factors, including the changes over the period in the number of hourly paid and largely lower-paid employees, compared with salaried employees. The increase was led by arts, entertainment & recreation (29 percent to CAD 793); information and cultural industries (21.3 percent to CAD 1,686) and Administrative and support, waste management and remediation services (11.6 percent to CAD 950). Meanwhile, earnings declined primarily in utilities (-6.3 percent to CAD 1,899).
2021-04-29

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.