Average Weekly Earnings measures the average gross weekly pay, including overtime, for all employees in Canada. This indicator provides insights into wage trends and labor costs, which are primary drivers of consumer inflation. It is a lagging indicator but essential for understanding the purchasing power of households. Central banks monitor this data closely to assess the need for interest rate adjustments.
Data is derived from the Survey of Employment, Payrolls and Hours (SEPH). It is calculated by dividing the total weekly payroll by the total number of employees in the reporting period.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 27, 2026 | 3.40 | 3.30 | +0.10 |
| Jul 30, 2026 | 3.30 | 3.70 | -0.40 |
| Jun 25, 2026 | 3.67 | 2.90 | +0.77 |
| May 28, 2026 | 3.50 | 2.10 | +1.40 |
| Apr 30, 2026 | 2.85 | 2.10 | +0.75 |
| Mar 26, 2026 | 1.93 | 1.60 | +0.33 |
| Feb 26, 2026 | 1.90 | 2.30 | -0.40 |
| Jan 29, 2026 | 2.50 | 2.10 | +0.40 |
| Dec 18, 2025 | 2.20 | 3.00 | -0.80 |
| Nov 27, 2025 | 3.10 | 2.90 | +0.20 |
| Oct 30, 2025 | 3.01 | 3.00 | +0.01 |
| Sep 25, 2025 | 3.30 | 3.60 | -0.30 |
| Aug 28, 2025 | 3.70 | 3.30 | +0.40 |
| Jul 31, 2025 | 3.30 | 4.20 | -0.90 |
| Jun 26, 2025 | 4.40 | 4.20 | +0.20 |
| May 29, 2025 | 4.30 | 5.30 | -1.00 |
| Apr 24, 2025 | 5.40 | 5.20 | +0.20 |
| Mar 27, 2025 | 5.50 | 5.50 | 0.00 |
| Feb 27, 2025 | 5.80 | 4.70 | +1.10 |
| Jan 30, 2025 | 5.00 | 5.00 | 0.00 |
| Dec 19, 2024 | 5.30 | 4.80 | +0.50 |
| Nov 28, 2024 | 5.20 | 4.30 | +0.90 |
| Oct 31, 2024 | 4.60 | 4.40 | +0.20 |
| Sep 26, 2024 | 4.50 | 3.70 | +0.80 |
| Aug 29, 2024 | 4.00 | 3.40 | +0.60 |
| Jul 25, 2024 | 4.20 | 3.50 | +0.70 |
| Jun 27, 2024 | 3.70 | 4.10 | -0.40 |
| May 30, 2024 | 4.20 | 4.10 | +0.10 |
| Apr 25, 2024 | 4.50 | 3.80 | +0.70 |
| Mar 28, 2024 | 3.90 | 3.90 | 0.00 |
| Feb 28, 2024 | 3.80 | 4.10 | -0.30 |
| Jan 25, 2024 | 4.10 | 4.10 | 0.00 |
| Dec 21, 2023 | 4.00 | 4.10 | -0.10 |
| Nov 30, 2023 | 4.00 | 4.40 | -0.40 |
| Oct 26, 2023 | 4.20 | 4.50 | -0.30 |
| Sep 28, 2023 | 4.30 | 3.80 | +0.50 |
| Aug 31, 2023 | 3.60 | 3.40 | +0.20 |
| Jul 27, 2023 | 3.60 | 3.00 | +0.60 |
| Jun 29, 2023 | 2.90 | 1.30 | +1.60 |
| May 25, 2023 | 1.40 | 1.70 | -0.30 |
| Apr 27, 2023 | 1.80 | 2.60 | -0.80 |
| Mar 30, 2023 | 2.90 | 2.90 | 0.00 |
| Feb 23, 2023 | 3.40 | 3.00 | +0.40 |
| Jan 26, 2023 | 4.20 | 3.20 | +1.00 |
| Dec 22, 2022 | 3.40 | 3.30 | +0.10 |
| Nov 24, 2022 | 3.50 | 3.10 | +0.40 |
| Oct 27, 2022 | 3.20 | 3.90 | -0.70 |
| Sep 29, 2022 | 2.90 | 3.30 | -0.40 |
| Aug 25, 2022 | 3.50 | — | — |
| Jul 28, 2022 | 2.50 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 30, 2026 | 3.40 | 3.30 | -0.10 ↓ |
| Jun 25, 2026 | 3.80 | 3.67 | -0.13 ↓ |
| May 28, 2026 | 3.50 | 3.50 | 0 ↓ |
| Apr 30, 2026 | 3.40 | 2.85 | -0.55 ↓ |
| Mar 26, 2026 | 2 | 1.93 | -0.07 ↓ |
