PEI

P.E.I. wages on 4-month slide

In both real terms and as a percentage of the Canadian average wages on P.E.I. have fallen every month since March.

Wages on downward trend since September

For almost three years P.E.I. wages showed strong growth. (The Canadian Press)

In both real terms and as a percentage of the Canadian average wages on P.E.I. have fallen every month since March.

A new Statistics Canada report put the average weekly wage in July, including overtime, on P.E.I. at $815.84. The Canadian average is $970.47.

Through much of 2014 and through to nearly the end of 2016, P.E.I. wages were in a strong growth trend. In September of 2016 wages peaked at 86.8 per cent of the Canadian average, $830.15.

But they have been on a general downward trend since then.

P.E.I. has the lowest average weekly wages in the country. The next lowest are in Nova Scotia, at $862.15.