Exclusive: ‘Canada’s salary per industry’ dashboard delivers data from 2015 to 2024 – broken down by province and territory – so you can benchmark your sector and region precisely
Today, salary expectations and trends are imperative knowledge for Canada’s human resources professionals. In contrast to peers around the world, when it comes to remunerating the cost of living and remaining competitive against rivals while improving the employer’s bottom line, Canada’s HR professionals must contend with heaps of unique and inflecting factors – fast-paced interest rate cuts, high-skills shortages across the board, and US trade barriers warping business performance, to name a few — all of which impact compensation's necessity and appeal.
More than before, human capital professionals in Canada must understand the immediate and long-term compensation trends across the country’s industries and provinces and territories. Notwithstanding, as well, the dramatic compensation changes many of those unique jobs and regions have recorded.
To address this considerable need, Canadian HR Reporter is pleased to offer its subscribers the “Canada’s salary per industry” dashboard.
This new dashboard features annual salary data for over 190 industries operating in Canada – at the national level, in each of the provinces and territories, and dating back to 2015.
From this data, the dashboard reveals fascinating and need-to-know insights into your industry’s average pay band and how it’s moved with the course of Canadian business developments. For example, you may learn whether your industry’s average salary has quickly caught up to or surpassed the national average, or if your industry’s salary expectations have fallen in one province more than another.
For instance, according to the “Canada’s salary per industry” dashboard:
- From 2015 to 2024, the average salary across all industries rose by 29 percent, from about $52,000 to $65,000 (not to be confused with the average salary across all Canadians, which in 2024 was also around $70,000). Of the 190+ industries tracked in the “Canada’s salary” dashboard, only eight had average salaries below the overall industry average in 2015, and went on to outpace that average in salary growth by 2024. Those eight industries included freight transportation, residential building and rental leasing services, which support widely reported demand in Canadian logistics, home building, and the property market. From “Canada’s salary per industry,” Canadian HR professionals could – and should – learn if their industry is outpacing overall salary growth, and by exactly how much.
- Considering that industries’ average salary growth was 29 percent across Canada, among the 14 provinces and territories, only two – Saskatchewan and Newfoundland and Labrador – saw relative wage growth below the national average and ended 2024 with average wages still below it. In Saskatchewan, real wage growth has remained relatively flat in part due to volatility in resource-dependent sectors, while Newfoundland and Labrador continues to experience the long-term effects of demographic decline and weak private-sector growth. For HR professionals, provincial wage data offers where the dollar stretches further, where local wage growth is surging past national trends, and where compensation may be falling behind the rising cost of living.
Subscribe to Canadian HR Reporter today to access the full “Canada’s salary per industry” dashboard here and turn raw wage data into foundational workforce strategy. From sector-specific shifts to province-by-province pay trends, the wage insights your HR team needs are now just a click away.
