Average weekly earnings by provinces in Canada: January 2023 update
The latest Statistics Canada data showed that average weekly earnings rose 4.2% in November 2022 on a year-over-year basis. The data, released on January 26, 2023, pointed out that increases were recorded across all provinces. However, the largest increases were seen in New Brunswick (+6.2% to $1,077) and Newfoundland and Labrador (+6.5% to $1,178).
Overall gains in average weekly earnings were slightly moderated by slower growth in:
- Saskatchewan (+3.7% to $1,150), also
- Ontario (+3.7% to $1,204).
|Provinces/Territories||Average weekly earnings|
in November 2022
|Newfoundland and Labrador||$1,178.30|
|Prince Edward Island||$ 994.16|
Industry-Wise Weekly Earnings
According to Statistics Canada, in November, average weekly earnings in the goods-producing sector increased by 5.3%. On the other hand, gains in manufacturing and mining (+6.3% to $1,261), and quarrying and oil and gas extraction (+5.7% to $2,362) were dampened by slower growth in construction (+3.6% to $1,468).
Meanwhile, robust gains in real estate and rental and leasing (+9.1% to $1,300) and retail trade (+6.1% to $701) were moderated by slower gains in:
- administrative and support, waste management and remediation services (+0.7% to $967),
- arts, entertainment and recreation (+0.9% to $714), also
- health care and social assistance (+1.6% to $1,033).
The report also pointed out that changes in earnings growth can be the result of several factors, such as changes in wages, changes in the composition of employment and average hours worked each week.
|Sectors||Average weekly earnings|
in August 2022
|Mining, quarrying, and oil and gas extraction||$2,362.28|
|Professional, scientific and also technical services||$1,634.13|
|Management of companies and enterprises||$1,570.68|
|Information and cultural industries||$1,567.12|
|Finance and insurance||$1,556.47|
|Forestry, logging and also support||$1,376.38|
|Real estate and rental and leasing||$1,300.33|
|Transportation and warehousing||$1,248.94|
- Canadians are paying more for groceries and tuition fees,
- The sectors with the most job vacancies in Canada,
- Immigrants make up the largest share of the Canadian population in over 150 years
- Canada welcomed the largest number of newcomers in its history
- Canada among the world’s 10 wealthiest countries in 2022
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