Wages in Canada increased to 30.23 CAD/Hour in January from 30.03 CAD/Hour in December of 2023. Wages in Canada averaged 20.15 CAD/Hour from 1991 until 2024, reaching an all time high of 30.23 CAD/Hour in January of 2024 and a record low of 13.73 CAD/Hour in January of 1991. source: Statistics Canada
Wages in Canada is expected to be 30.73 CAD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Average Hourly Wages is projected to trend around 31.43 CAD/Hour in 2025 and 31.96 CAD/Hour in 2026, according to our econometric models.