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). 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 May 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
9.00 8.10 10.30 -0.40 1992 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-28 01:30 PM Nov 6.6% 5.6%
2021-02-25 01:30 PM Dec 6.4% 6.5%
2021-03-30 12:30 PM Jan 8.3% 6.9%
2021-04-29 12:30 PM Feb 9% 8.1%
2021-05-27 12:30 PM Mar 9%
2021-06-24 12:30 PM Apr
2021-07-29 12:30 PM May
2021-08-26 12:30 PM Jun


News Stream
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 Weekly Earnings Rise 8.3% YoY in January
Average weekly earnings of non-farm payroll employees in Canada grew 8.3% year-on-year to CAD 1,135 in January of 2021, following an upwardly revised 6.9% rise in December. It was the largest gain in earnings since July, as job losses since February 2020 have been concentrated among hourly paid and largely lower-paid employees. Payroll employment continued to fall in sectors directly affected by tightened public health measures, including retail trade (-3.4% to 65,900), accommodation and food services (-4.7% to 44,000), and arts, entertainment and recreation (-13.6% to 29,500). In contrast, job gains were registered in construction (2.4% to 24,800). Payroll employment also increased in professional, scientific and technical services in January (+16,300; +1.7%), surpassing its pre-pandemic level for the first time.
2021-03-30
Canada Weekly Earnings Rise 6.4% YoY in December
Average weekly earnings of non-farm payroll employees in Canada grew 6.4% year-on-year to CAD 1,112 in December of 2020, following a downwardly revised 6.5% rise in November, as job losses due to the coronavirus crisis have been concentrated among hourly paid and largely lower-paid employees. Payroll employment rose in the services-producing sector (+0.2% to 31,900), nearly offsetting the loss in the previous month. Gains were spread across a number of sectors but largest in health care and social assistance (+22,400) and transportation and warehousing (+10,500). Employment in the goods-producing sector was little changed for a second consecutive month. Prior to this, employment in the goods-producing sector had been trending up since May. In December, payroll employment in the services-producing sector and the goods-producing sector was 6.5% and 4.6% below pre-COVID-19 levels, respectively.
2021-02-25
Canada Weekly Earnings Rise 6.6% YoY in November
Average weekly earnings of non-farm payroll employees in Canada grew 6.6% year-on-year to CAD 1,110 in November of 2020, following a downwardly revised 5.6% gain in the previous month, as job losses due to COVID-19 pandemic have been concentrated among hourly and largely lower-paid employees. Payroll employment fell in the services-producing sector (-0.4%; -45,500), the first decline since May and was concentrated in accommodation and food services (-48,200), with smaller declines in several other sectors, including arts, entertainment and recreation (-8,800) and transportation and warehousing (-6,700). Employment in the goods-producing sector was little changed. Payroll employment in the services-producing sector and the goods-producing sector was 6.8% and 4.7% below the pre-COVID level, respectively.
2021-01-28

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.