Tag: Canadian Wages

Canadian Households See A Big Drop In Real Wages Ahead: Bank of Canada

January 17, 2023

Despite Canada’s booming labor market, households see a bleak year ahead. Bank of Canada (BoC) conducted its quarterly Survey of Consumer Expectations for Q4 2022. The results show households expect inflation to continue ripping higher over the next year. At the same time, the outlook for their own wages have eroded. The combination has led […]

Canada

Canadian Job Vacancies Are Soaring Due To Stimulus, But Wage Growth Isn’t: BMO

September 21, 2021

Canadian employers are making jobs faster than people can fill them. In two separate reports, BMO economists took a dive into rising job vacancies and wages in Q2 2021. They found job vacancies hit a new record high last quarter. A lack of labor doesn’t appear to have much urgency though, as wages are still […]