Wage Growth
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Businesses still planning bigger, more frequent price hikes: BoC surveyRoughly half of businesses say their pricing practices are 'not yet back to normal' after a year and a half of interest rate hikes designed to tamp down inflation.MoneyOct 16, 2023
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Canada’s labour market is showing signs of slowing. Will it help bring inflation down?'If wage growth is going to cool, then we better see inflation come down even faster,' said a senior economist with job site Indeed.EconomyJul 5, 2023
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Experts say Alberta’s ‘wage premium’ rapidly erodingFor years, Alberta workers have been the highest paid in the country thanks to the province's lucrative oil and gas sector.EconomyNov 25, 2022
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More interest rate hikes are needed to tame inflation, Bank of Canada governor saysBank of Canada Governor Tiff Macklem was adamant Thursday that he will get inflation back under control, but warned interest rates will have to rise further to do it.EconomyOct 6, 2022
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Wages in Canada are rising. Will inflation, interest rates follow suit?Wages are showing signs of climbing as inflation makes life unaffordable for Canadians, buy economists say that might provoke the Bank of Canada to hike interest rates even more.MoneyJul 8, 2022
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Governments should help bridge job skills gap to address lack of wage growth: Canadian CEOCanada may be experiencing one of its biggest labour shortages in years but that doesn't mean employees are seeing wage growth reflecting that talent crunch.PoliticsFeb 3, 2019
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Cracks in Canada’s job market starting to show, finance minister warnedAn internal federal analysis is forecasting job market moderation on the horizon following Canada's extended period of healthy employment growth.CanadaAug 1, 2018
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Canadian economy smashes expectations with 4.5 per cent growthThe strong economy makes another interest rate increase in the fall increasingly likely, economists say.MoneyAug 31, 2017
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U.S. adds 242,000 jobs; unemployment holds at 4.9%U.S. employers added 242,000 workers in February as retailers, restaurants and health care providers stand strong for the resilient American job market.EconomyMar 4, 2016
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