Canadian salary increases lag inflation rate
Length of average work week remains the same
CBC News
Posted: Dec 22, 2011 9:32 AM ET
Last Updated: Dec 22, 2011 11:40 AM ET
A woman uses a cash point machine at an HSBC bank machine. Canadian weekly paycheques increased by 2.7 per cent in the 12 months ended in October. (Andrew Winning/Reuters)
Related
Related Links
The average weekly paycheque of Canadian workers on salaries was $885.36 in October, 2.7 per cent higher compared to the same month a year earlier.
Statistics Canada reported Thursday that the figure was 1.4 per cent higher than it was the month before, but close to three per cent higher on a yearly basis.
The agency reported earlier this week that Canada's inflation rate held steady at 2.9 per cent in November, which means the cost of living is going up slightly faster than people's paycheques.
The modest salary increase wasn't due to people working more; it was a genuine increase in the hourly rate of pay, because the average work week held steady at 33 hours during the month.
Pay hikes were highest in:
- Finance and insurance.
- Education.
- Real estate and rental leasing.
- Utilities.
- Mining, quarrying, oil and gas extraction.
- Manufacturing.
Regionally, average earnings rose in every province, led by growth in Newfoundland and Labrador at close to 7.7 per cent, followed by Alberta at 4.5. The lowest rate of growth was in Nova Scotia, at less than 0.4 per cent.
Non-farm payroll employment declined by 24,500 jobs from September to October, but over the 12-month period to the end of October, the number of employees still rose by 228,900, or 1.5 per cent.
Share Tools
Latest Ottawa News Headlines
- Kenyan runner sets new Ottawa marathon record
- Kenya's Laban Moiben set a new record Sunday for the Ottawa race weekend marathon with a time of 2:09:12. more »
- Fire causes $2M in damage at banquet centre
- The West Carleton Weddings and Banquets Centre sustained $2 million in damage early Sunday morning following a fire. more »
- Teen struck by lightning in Ottawa dies
- The victim of a Friday lightning strike during a storm in east Ottawa has died, CBC News has learned. more »
- Family, friends honour teen killed in school explosion
- Family and friends paid tribute Saturday to Eric Leighton, the 18-year-old student killed in a shop class explosion one year ago. more »
Top News Headlines
- Canadian Pacific strikers face back-to-work legislation
- Labour Minister Lisa Raitt is prepared to end the Canadian Pacific Railway strike if necessary, after both CP and the union rejected a proposal for voluntary arbitration by the government-appointed negotiator on Sunday. Raitt says she is "extremely disappointed." more »
- Syrian regime denies role in Houla massacre
- The UN Security Council condemned the Syrian regime at an emergency meeting Sunday, holding president Bashar al-Assad's military responsible for the massacre of more than 100 people, dozens of whom were children younger than 10 years old. more »
- Ryder Hesjedal wins prestigious Giro d'Italia
- Victoria native Ryder Hesjedal has become the first Canadian to win one of the cycling world's three Grand Tour events, wrapping up the 2012 Giro d'Italia with an excellent performance in the final stage in Milan. more »
- Neighbour may have helped find missing kids in Mexico
- Two Winnipeg children who had been missing for nearly four years were found in Mexico after a man raised concerns about his neighbour, according to a private investigator. more »
Most Viewed/Commented
- Teen struck by lightning in Ottawa dies
- Kenyan runner sets new Ottawa marathon record
- Para Transpo bus crashes into hydro pole, tree
- Birds attack Ottawa joggers
- Fire causes $2M in damage at banquet centre
- Family, friends honour teen killed in school explosion
- Quebec students, government to resume talks
- 4 arrested during Gatineau protest against Bill 78
- Aylmer triple stabbing leads to first-degree murder charges

