Posthaste: Salary growth set to outpace inflation in 2025, report says

Average base salaries for Canada’s non-unionized workers are expected to increase by 3.45%

The highest projected increases for 2025 are expected in the same industries that led salary growth in 2024: 4.13 per cent in construction, 3.92 per cent in real estate and 3.9 per cent in business services. Meanwhile, the lowest salary increase of 2.75 per cent is expected in public administration, supplanting information technology at the bottom.

The data also shows regional variations in provincial salary projections, with a 3.6 per cent increase expected in British Columbia, 3.54 per cent in Alberta and 3.5 per cent in New Brunswick leading the way. Nova Scotia, on the other hand, has consistently shown the lowest projected increases at 2.94 per cent for both 2024 and 2025. Quebec, which had strong salary growth of 3.85 per cent in 2024, is expecting growth to slow to 3.41 per cent in 2025.

“In today’s evolving job market, employees are seeking more than just competitive salaries. They’re looking for employers who offer comprehensive support for their financial, physical and mental wellbeing,” Philip Mullen, vice-president of employer solutions consulting at Telus Health, said in the release.

The top priorities for employers continue to be employee engagement and building critical skills for leaders, but there’s also an increasing focus on upskilling, training and development programs, and cultivating future leadership for 2025.



Copper extends gains to $10,000 as China vows support

  • Today’s Data: Canada monthly real GDP for July, Ottawa’s fiscal monitor for July; U.S. personal income and consumption for August, advance economies indicators report for August, University of Michigan consumer sentiment index for September




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