Canadian Salary Increases Expected To Slow To 3.1% In 2026 As Employers Tighten Budgets

Canadian employees should expect smaller salary increases in 2026, as organizations scale back compensation budgets due to lower inflation, a softer labour market, and reduced pressure to compete aggressively for workers. New data from Gallagher and Normandin Beaudry shows that the average salary bump next year will fall to 3.1%, marking another step down from … Continue reading Canadian Salary Increases Expected To Slow To 3.1% In 2026 As Employers Tighten Budgets