Average Hourly Wages (YoY)

Date Time Left   Event Impact Previous Consensus Actual
Nov 11, 13:30  Average Hourly Wages (YoY)

Average Hourly Wages (YoY)

The average hourly wages released by Statistics Canada measure the increase in the salaries earned by the permanent employees in Canada. Generally speaking, a rise in this indicator has positive implications for consumer spending, which stimulates economic growth. Therefore, a high reading is seen as positive, or bullish for the CAD, while a low reading is seen as negative or bearish.

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