Nova Scotia Leads Canada in Wage Increases

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According to Statistics Canada, average wages in Nova Scotia have risen by 4.6% this year, beating every other province in confederation.

The report shows that the average wage in Canada has grown by 2.9% year-over-year. The only province that showed a decline in wages was Alberta. Saskatchewan and New Brunswick took the second and third spots on the list, respectively.

Year-over-year change in average weekly earnings by province, April 2019 (StatsCan)

This figure isn’t unexpected, as Nova Scotia’s economy has been sizzling for a few years now. The main drivers of our growth appear to be increased immigration, decreased out-migration and respectable fiscal policy. We are one of the only provinces in Canada that is not running a deficit and have a decent credit rating and economic outlook. 

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