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Here's the average salary increase Canadians can expect in 2026
Normandin Beaudry's survey of nearly 400 companies shows employers plan a cautious 3% average salary increase amid ongoing cost-of-living pressures in Canada.
- On Wednesday, actuarial consulting company Normandin Beaudry revealed its Salary Increase Pulse Survey, projecting an average salary increase of three per cent in 2026 from nearly 400 Canadian companies.
- Amid rising cost-of-living pressures, employers are cautiously scaling back salary increase budgets this year due to economic and trade uncertainty, Darcy Clark said.
- Provincial breakdown shows Quebec leads with 3.5 per cent, Ontario and Alberta at 3.3 per cent, B.C. at 3.2 per cent, while 42 per cent of respondents allocate 0.8 per cent of payroll for extra funds.
- Nearly three-quarters of organizations maintain salary budgets, while 26 per cent of participating employers plan adjustments, with more than half reducing budgets.
- Compared with summer 2025, the report shows a 0.1 per cent decrease, aligning with the steady decline since 2023 and suggesting moderation in 2026 salary increases, Normandin Beaudry says.
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Average salary increases projected at three per cent for 2026, report says
A new report says businesses are projecting salary increases of three per cent this year, excluding salary freezes. The forecast was based on consulting firm Normandin Beaudry's salary increase pulse survey of nearly 400 Canadian organizations in the fourth quarter of last year. It compared with ear...
·Kelowna, Canada
Read Full ArticleQuebec employers plan to grant wage increases of about 3% on average in 2026.
·Montreal, Canada
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Total News Sources9
Leaning Left4Leaning Right0Center2Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
Factuality
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