Average hourly wage in Canada now $34.95: StatCan
Average hourly wages among Canadian employees rose to $34.95 on a year-over-year basis in April, a 4.7 per cent increase, according to a Statistics Canada report released Friday morning.
Canada's main stock index was lower in late-morning trading, weighed down by losses in the technology sector, while U.S. stock markets were mixed.
The S&P/TSX composite index was down 21.42 points at 20,034.18.
In New York, the Dow Jones industrial average was up 14.58 points at 33,587.86. The S&P 500 index was down 6.23 points at 4,277.62, while the Nasdaq composite was down 59.51 points at 13,216.91.
The Canadian dollar traded for 74.89 cents US compared with 74.52 cents US on Tuesday.
The July crude contract was up 74 cents at US$72.48 per barrel and the July natural gas contract was up three cents at U$2.29 per mmBTU (million British thermal units).
The August gold contract was down US$9.20 at US$1,972.30 an ounce and the July copper contract was down less than a penny at US$3.77 a pound.
This report by The Canadian Press was first published June 7, 2023.
Average hourly wages among Canadian employees rose to $34.95 on a year-over-year basis in April, a 4.7 per cent increase, according to a Statistics Canada report released Friday morning.
A 4.2-magnitude earthquake was recorded west of Vancouver Island early Friday morning.
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A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
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