FX.co ★ Canada’s Wage Growth Quickens in March as Average Weekly Earnings Rise 3.5% YoY

Average weekly earnings in Canada accelerated in March 2026, with year-over-year growth reaching 3.50%, up from 2.85% in February 2026. The data, updated on 28 May 2026, show a pickup in wage momentum compared with earlier in the year.

Both the current and previous figures reflect annual changes, comparing each month to the same month a year earlier. The March 2026 reading indicates that Canadian workers, on average, saw a stronger increase in their weekly pay packets than in February, suggesting building wage pressures in the labor market as the first quarter drew to a close.