Composite index rises 0.9 per cent compared to last summer
The country’s construction union wage rate index rose in July, according to the latest numbers from Statistics Canada.
The composite index rose by 0.3 per cent compared to June. When weighted against July of last year, the composite index has increased by 0.9 per cent. Of the 22 metropolitan areas covered, Quebec, Montreal and Saguenay were all up 1.6 per cent – representing the largest increase from last month.
In October 2012, the most recent month for which data is available, a construction worker’s average hourly wage rate (excluding overtime) was $27.79. For the month prior, the average hourly wage rate was $27.57 (revised from original Statistics Canada publication).
StatsCan’s construction union wage rate index tracks monthly changes in the collective agreement hourly wage rates for 16 trades in the building construction industry in 22 metropolitan areas.