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Here's the average salary increase Canadians can expect in 2026

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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