Average Hourly Wages (YoY)

Actual
5.2%
Previous
5.6%
Forecast

The Average Hourly Wages, released by Statistics Canada, measures the increase in the salaries earned by permanent employees in Canada. Generally speaking, a rise in this indicator has positive implications for consumer spending, which stimulates economic growth. Generally, a high reading is seen as bullish for the Canadian Dollar (CAD), while a low reading is seen as bearish.

Share on,