Canadian wages outpace inflation in April
Canadian wages and inflation took different paths in April. Average wages climbed 4.4%, while inflation rose just 1.7%. Workers now see Canadian wages beating inflation, marking a notable shift. Earnings hit $1,297 weekly—0.8% higher than in March.
Which sectors saw the biggest wage jumps?
Certain sectors saw stronger pay bumps. The information and cultural field led with a 10% wage increase, earning workers $1,875 weekly. Real estate followed closely, with a 9.7% increase to $1,361 per week.
Highest and lowest paid industries
Top earners: Mining, quarrying, oil, and gas workers made $2,492 weekly, up 5% year-over-year.
Lowest wages: Accommodation and food services averaged $521 per week—rising 4.6%. Arts, entertainment, and recreation trailed at $760 per week.
Job vacancies drop across key provinces
Several sectors lost job openings. Health care and social assistance dropped 23.9%, accommodation and food services fell 21.7%, and construction decreased 13.8%. Provincial declines were widespread, with Newfoundland and Labrador most affected (‑26.3%).
Why most people don’t feel better off
Despite positive Canadian wages vs inflation numbers, many feel financially strained. Economist David Macdonald explains rising everyday costs—like food, rent, and housing—still affect households. He notes that wage growth is a recovery from earlier pandemic-driven inflation, yet uncertain global factors could end the positive trend.
Economic outlook remains uncertain
Looking ahead, Tariffs and global economic choices—like U.S. policy changes—could disrupt wage-inflation balance. “No one knows,” says Macdonald. That uncertainty keeps many Canadians cautious.
Stay tuned to Maple wire.
