P.E.I. wages on 4-month slide
Kevin Yarr | CBC News | Posted: September 29, 2017 11:11 AM | Last Updated: September 29, 2017
Wages on downward trend since September
In both real terms and as a percentage of the Canadian average wages on P.E.I. have fallen every month since March.
A new Statistics Canada report put the average weekly wage in July, including overtime, on P.E.I. at $815.84. The Canadian average is $970.47.
Through much of 2014 and through to nearly the end of 2016, P.E.I. wages were in a strong growth trend. In September of 2016 wages peaked at 86.8 per cent of the Canadian average, $830.15.
But they have been on a general downward trend since then.
P.E.I. has the lowest average weekly wages in the country. The next lowest are in Nova Scotia, at $862.15.
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