Saskatchewan workers are just a whisker out of second spot on the scale of wage rates.
This is a noteworthy development as it provides fuel for purchasing power or retail spending at the worker level and signals that employers are doing alright as well. They’re providing more hours and better pay to their wage-earning employees.
For the longest time, especially through the 90s and early 2000s, Saskatchewan was in the middle of the pack on this one. Then we began to move up the list into fourth place as we passed Quebec. We hit third when we got ahead of Ontario.
The only ones with higher wages were Alberta and Newfoundland. Interesting, the top three provinces are the country’s oil producers, which may be a better tonic for the financial affairs of the middle class than anything government could cook up.
But in the latest report, we are now closing in on Newfoundland for second spot. In November, wages rose by more than $10 a week here and they fell in Newfoundland. And now the gap between us and second spot is only $2 a week.