Survey says Quebec wage rises highest in Canada

Quebec leads the country in wage growth, and that trend that will likely continue next year.  That's according to a Morneau Shepell survey.  The Toronto-based human resources organization surveyed a total of 370 employers, collectively employing 894,000 people, and released their findings on Wednesday.  

They found that average salaries in this province will grow by 2.6%, as a percentage of payroll, in 2018.  That's well above the national average of 2.3%.  Tied for second-place are British Columbia and Newfoundland & Labrador, where wages rose at 2.4% in both provinces.

The survey was conducted over the course of last month, and it also found that Quebec's wage-growth rate stood at 2.4% over the last year, again in first-place nationwide.  The Canadian average for wage growth was 2.2%.  Close behind Quebec this year were Ontario, Saskatchewan and Newfoundland & Labrador, where wage growth in each province was 2.3%.

One reason cited by Morneau-Shepell as a possible reason for the strong wage growth in Quebec was the province's low unemployment rate.  At 5.8%, unemployment in Quebec is at its lowest level since 1976.