More than 500 Canadian employers were surveyed earlier this summer on their planned salary adjustments for next year. The oil and gas sector came out on top, with a 3.9 per cent salary increase, followed by mining at 3.6 per cent and chemicals at 3.4 per cent.
It should come at no surprise then that the resource-rich provinces are the ones expecting a bigger pay day. In the lead is Alberta, with a forecasted increase of 3.6 per cent, Newfoundland at 3.4 per cent, and Saskatchewan at 3.2 per cent. The rest of the country comes in at 2.6 to 2.8 per cent, including British Columbia at 2.6 per cent.
Overall, Canadians can expect an average salary increase of 2.9 per cent. Although B.C.’s projections are slightly lower than the national average, they have risen consistently for the past three years. The lowest pay raises will go to workers in health care, government and the media.
Further details of the survey will be released in September.