Pay up
The average salaried Canadian employee earned $898 a week in June, up 3% from last year.
GST holiday break: Is it good for Canada’s economy?
Economists share how the temporary tax cut and relief cheques may play into Canada’s growth picture.
- The average salaried Canadian employee earned $898 a week in June, up 3% from last year, according to Statistics Canada. But the increase in pay isn’t due entirely to raises and promotions, it’s also attributable to more hours worked.
- Canada’s banks are doling out dividends left and right. For the first time in years, all five Big Banks announced dividend increases after reporting stronger and expected profits. TD led the way with a 7% hike.
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