Hourly pay
+32.2%Average wage in current dollars · January 2019 to July 2026
First readingEvidence through 2026-08-18
Next: The August 2026 Consumer Price Index, confirmed for September 14, 2026 — which carries the headline, the component decomposition and the three core measures together — and, before it, the August Labour Force Survey,…
All-items prices rose 3.0% over the year to July 2026. Transportation ran fastest at 7.8%, household operations slowest at 0.4%, and all three Bank of Canada core measures — 1.9%, 2.0% and 2.7% — sit below the headline.
The answer
Statistics Canada's all-items Consumer Price Index for Canada rose 3.0% over the twelve months to July 2026, and 0.5% over the month, against 2.8% in June and 3.2% in May. That is the average. Underneath it, the eight major components of the basket moved at rates ranging from +0.4% to +7.8% over the same year.
Ranked by their own rate of change: transportation +7.8%, recreation, education and reading +4.4%, food +3.0%, clothing and footwear +2.4%, health and personal care +2.3%, alcoholic beverages, tobacco products and recreational cannabis +2.0%, shelter +1.3%, and household operations, furnishings and equipment +0.4%. This is a ranking by speed, not a contribution to the headline. Countability does not hold the basket weights, so no component here can be restated as a share of the 3.0%, and none is.
Shelter was the second slowest of the eight, at +1.3%. Rent rose 2.5%, its lowest reading since November 2021 and 0.5 percentage points below the all-items rate: the first month since January 2023 in which rent has not risen faster than prices generally. The owned side of shelter is slower still — owned accommodation +0.4%, mortgage interest cost −0.3%, homeowners' replacement cost −2.1%. CPI rent prices the occupied rental stock, which is a different population from advertised asking rents, and the two can move apart.
The Bank of Canada's three core measures, published by Statistics Canada for the same month, all sit below the headline: CPI-trim 1.9%, CPI-median 2.0%, CPI-common 2.7%. All-items excluding food and energy reads 1.9%. Four different ways of setting the volatile edge of the basket aside therefore land between 1.9% and 2.7%, while the headline reads 3.0% — a spread of as much as 1.1 percentage points depending on which measure a reader treats as the underlying rate. All-items excluding mortgage interest cost, by contrast, reads 3.2%.
The volatile edge is where the difference sits. Energy prices rose 16.6% over the year and gasoline 25.7% — the two fastest-moving of the twenty-two members of this table the record holds, faster than in June (14.3% and 20.5%) but still short of May (22.2% and 33.2%). Both are measured against a July 2025 base that was itself well down: gasoline fell 16.1% and energy 10.4% over the year to July 2025. A re-acceleration in this pair therefore says as much about where prices stood a year ago as about anything new this month.
Against pay, the arithmetic is negative. The average hourly wage rose 2.8% over the same year, 0.2 percentage points less than all-items prices — the same gap as in May, after June briefly ran the other way at +0.5 points. This is the difference of two published rates in percentage points, not a real-wage index; the wage series is unadjusted and in current dollars.
What this means for the decision
A reader who takes only the headline will assume the pressure is where it was last year and will get the rent reading backwards: rent is now rising more slowly than prices generally for the first time in more than three years, while the fastest-moving parts of the basket are energy, gasoline and transportation. A reader who takes only a core measure will do the opposite — the core measures are designed to set aside precisely the movement that is currently largest, and the three core measures and the excluding-food-and-energy cut all sit between 1.9% and 2.7% while the headline reads 3.0% — though the excluding-mortgage-interest cut, which sets aside a different thing, reads 3.2%. Both readings belong in the same decision. What cannot be produced from this record, on any reading, is a statement of how much of the 3.0% each component supplied: that requires the basket weights, which are deliberately not held here.
The key uncertainty
Two things could move this reading, and they are different in kind. The first is arithmetic: the energy and gasoline rates are measured against a base that had itself fallen sharply a year earlier, so the same price level in September could produce a materially different rate as the base month rolls forward — a base effect, not a new price impulse. The second is measurement: a basket update took effect with the May 2026 reference month, so only the three most recent months of this twelve-month comparison sit on the updated basket and the other nine predate it. Neither is a reason to discount the reading, and both are reasons to date it precisely. The core measures carry a third, smaller uncertainty of their own: the issuer publishes them as revisable by design, and restated one of them for June in this very release.
What would settle it
The August 2026 Consumer Price Index, confirmed for September 14, 2026 — which carries the headline, the component decomposition and the three core measures together — and, before it, the August Labour Force Survey, which sets the wage side of the purchasing-power reading.
One number stands in for the cost of living in almost every public argument about it: in wage bargaining, in arguments about indexation, in the case for and against the next interest-rate decision. That number is an average over a basket whose parts move at very different speeds. A reader who has only the average cannot tell whether price pressure is broad or narrow, whether it is coming from something volatile that tends to unwind or from something that tends to persist, or whether their own pay is keeping up with it. The decomposition that answers those questions is published by the same agency, on the same day, on the same basis as the headline — it is simply less often read.
Evidence reviewed through 2026-08-18 · 3 cited sources · 0 member Resolutions · 8 chapters
Refreshed when Statistics Canada publishes the next monthly Consumer Price Index, confirmed for Monday, September 14, 2026 on the closing line of the July release. The Bank of Canada core measures arrive in the same release. The average hourly wage arrives earlier in the same month, with the Labour Force Survey, so the purchasing-power reading is defined only through the most recent month both series cover.
Chapter 1§
The answer
The headline rate for the latest month, the month before it and the month before that, set beside the range the eight major components of the basket actually moved over the same year — stated once, at the top, with the boundary that governs every component figure on this page.
Chapter 2§
Where the rate came from
The eight major components ranked by their own rate of change, fastest to slowest. Every top-level child of the all-items basket appears, so this is a decomposition rather than a selection — and it is a ranking by speed, never a statement of how much of the headline any component supplied.
| Major component | % over the year to July 2026 | Rank by rate |
|---|---|---|
| Transportation | +7.8% | 1 of 8 |
| Recreation, education and reading | +4.4% | 2 of 8 |
| Food | +3.0% | 3 of 8 |
| Clothing and footwear | +2.4% | 4 of 8 |
| Health and personal care | +2.3% | 5 of 8 |
| Alcoholic beverages, tobacco products and recreational cannabis | +2.0% | 6 of 8 |
| Shelter | +1.3% | 7 of 8 |
| Household operations, furnishings and equipment | +0.4% | 8 of 8 |
Every top-level child of the all-items basket appears here, so this is a decomposition of the whole rather than a selection from it. The rank column orders these components against each other by speed. It is not a contribution to the headline, and no figure in this table can be turned into one: that would require the basket weights, which this record does not hold.
Chapter 3§
Shelter, and the rent line inside it
Where shelter sits in the ranking, what the rent line inside it is doing against the headline for the first time in years, and how the owned side of shelter differs from the rented side — with the population the rent index actually measures named beside it.
| Shelter component | % over the year to July 2026 |
|---|---|
| Shelter | +1.3% |
| Rented accommodation | +2.4% |
| Rent | +2.5% |
| Owned accommodation | +0.4% |
| Mortgage interest cost | -0.3% |
| Homeowners' replacement cost | -2.1% |
| Rent less all-items, in percentage points | -0.5 pp |
Rent and rented accommodation, owned accommodation, mortgage interest cost and homeowners’ replacement cost are all components of shelter; mortgage interest cost and homeowners’ replacement cost sit inside owned accommodation. They are shown at their own rates and are never summed into shelter. The final row is the difference of two already-rounded rates, in percentage points. The last month before July 2026 in which rent did not rise faster than all-items prices was January 2023 (-0.1 pp). The last month at or below the current rent rate was November 2021 (+1.7%). CPI rent prices the occupied rental stock, including sitting tenancies; advertised asking rents price new lettings only, and the two populations are not the same.
Chapter 4§
The headline and the underlying rate
The three Bank of Canada core measures and the excluding-food-and-energy cut, all published for the same month, all below the headline — and the excluding-mortgage-interest cut, which is above it. What each one sets aside, why they disagree, and why the issuer publishes them as revisable.
| Measure | July 2026 | June 2026 | May 2026 | How this record obtains it |
|---|---|---|---|---|
| All-items CPI (the headline) | +3.0% | +2.8% | +3.2% | Derived here from the published index |
| CPI-trim | 1.9% | 1.9% | 2.0% | Statistics Canada's own published rate, cited as published |
| CPI-median | 2.0% | 1.9% | 2.1% | Statistics Canada's own published rate, cited as published |
| CPI-common | 2.7% | 2.6% | 2.7% | Statistics Canada's own published rate, cited as published |
| All-items excluding food and energy | +1.9% | +1.8% | +1.6% | Derived here from the published index |
| All-items excluding mortgage interest cost | +3.2% | +3.0% | +3.4% | Derived here from the published index |
CPI-trim, CPI-median and CPI-common are Statistics Canada's published year-over-year rates under Bank of Canada definitions, restated here as published and never recomputed for display. All three rest on seasonally adjusted inputs, and CPI-common on a factor model re-estimated over all available history, so the issuer publishes them as subject to revision. Adapted from Statistics Canada, table 18-10-0256-01, 2026. This does not constitute an endorsement by Statistics Canada of this product.
Chapter 5§
The volatile edge
Energy and gasoline, the fastest-moving members this record holds, read against the two preceding months and against the base they are measured from — because a rate computed against a fallen base is arithmetic about last year as much as news about this one.
| Analytical cut | July 2026 | June 2026 | May 2026 |
|---|---|---|---|
| Energy | +16.6% | +14.3% | +22.2% |
| Gasoline | +25.7% | +20.5% | +33.2% |
Gasoline sits inside energy, so the two rows are not independent and are never added. A year-over-year rate is measured against the same month a year earlier: when that base month was itself well down, a large rate is partly a statement about the base. This pair is therefore reported as re-acceleration within a volatile year, not as a peak.
Chapter 6§
Against pay
Average hourly wage growth less all-items price growth, in percentage points, on the convention this record has used throughout — a difference of two published rates, never a ratio of levels and never a blended series.
| Reading | % over the year to July 2026 |
|---|---|
| Average hourly wage, unadjusted, current dollars | +2.8% |
| All-items CPI | +3.0% |
| Wage less all-items, in percentage points | -0.2 pp |
A difference of two already-rounded published rates, in percentage points — never a ratio of levels and never a blended series. The two series first overlap on this convention in August 2007. The previous month read +0.5 pp. The last month before July 2026 in which the difference was negative was May 2026. This is not a real-wage index and not a measure of aggregate household purchasing power: the wage series is unadjusted, in current dollars, and not controlled for hours or composition.
Wages and prices · Through July 2026
Has hourly pay kept up with prices?
Canada · employees aged 15 and older · all industries, full- and part-time.
Average hourly pay, adjusted for consumer prices, was 3.9% above January 2019.
Different months of the year: this runs from January 2019 to July 2026. Seasonal patterns may affect the comparison; neither series is seasonally adjusted.
Over the year to July 2026, hourly pay changed by +2.8% and consumer prices by +3.0%. After adjusting for prices, the change was −0.2%. Comparing the same month a year apart reduces the seasonal mismatch.
This describes average employee hourly pay, not the experience of the same workers over time. Changing jobs, industries and the mix of full-time and part-time workers can move the average. It does not tell us whether households can afford more.
Consumer prices
+27.2%All-items CPI · January 2019 to July 2026
Pay adjusted for prices
+3.9%Exact wage-to-price ratio · January 2019 to July 2026
Two levels, one starting point
Both lines start at 100 in January 2019. A value of 120 means a 20% rise since that month. These are levels; inflation and wage growth describe how fast those levels change.
Average hourly payConsumer prices
Canada; monthly, not seasonally adjusted. January 2019 is a fixed starting point before the pandemic, not a seasonal adjustment. Choosing another base month changes the longer comparison. A rise in average pay can also reflect a change in who is employed.
Latest levels: average hourly wage $37.17; all-items CPI 169.9 (2002 = 100), July 2026. The wage figure is an average, not a median, and is before tax.
What changed since the previous month?
The annual price-adjusted change was +0.5% over the year to June 2026, compared with −0.2% over the year to July 2026. These are overlapping twelve-month comparisons, not one-month growth.
This level comparison was added on September 8, 2026. The existing wage-minus-inflation reading remains a difference in percentage points. This separate addition divides wage growth factors by price growth factors; the two methods must not be spliced.
Read the exact monthly observations
| Month | Hourly wage ($) | CPI (2002=100) | Wage index | Price index | Price-adjusted wage index |
|---|---|---|---|---|---|
| July 2026 | 37.17 | 169.90 | 132.18 | 127.17 | 103.94 |
| June 2026 | 37.20 | 169.00 | 132.29 | 126.50 | 104.58 |
| May 2026 | 37.24 | 169.60 | 132.43 | 126.95 | 104.32 |
| April 2026 | 37.77 | 168.00 | 134.32 | 125.75 | 106.81 |
| March 2026 | 37.73 | 167.40 | 134.17 | 125.30 | 107.08 |
| February 2026 | 37.56 | 165.90 | 133.57 | 124.18 | 107.56 |
| January 2026 | 37.17 | 165.00 | 132.18 | 123.50 | 107.03 |
| December 2025 | 37.06 | 165.00 | 131.79 | 123.50 | 106.71 |
| November 2025 | 37.00 | 165.40 | 131.58 | 123.80 | 106.28 |
| October 2025 | 37.06 | 165.30 | 131.79 | 123.73 | 106.52 |
| September 2025 | 36.78 | 164.90 | 130.80 | 123.43 | 105.97 |
| August 2025 | 36.31 | 164.80 | 129.13 | 123.35 | 104.68 |
| July 2025 | 36.16 | 164.90 | 128.59 | 123.43 | 104.18 |
| June 2025 | 36.01 | 164.40 | 128.06 | 123.05 | 104.07 |
| May 2025 | 36.14 | 164.30 | 128.52 | 122.98 | 104.51 |
| April 2025 | 36.13 | 163.40 | 128.49 | 122.31 | 105.05 |
| March 2025 | 36.05 | 163.50 | 128.20 | 122.38 | 104.76 |
| February 2025 | 36.14 | 163.00 | 128.52 | 122.01 | 105.34 |
| January 2025 | 35.99 | 161.30 | 127.99 | 120.73 | 106.01 |
| December 2024 | 35.83 | 161.20 | 127.42 | 120.66 | 105.60 |
| November 2024 | 35.73 | 161.80 | 127.06 | 121.11 | 104.92 |
| October 2024 | 35.79 | 161.80 | 127.28 | 121.11 | 105.09 |
| September 2024 | 35.61 | 161.10 | 126.64 | 120.58 | 105.02 |
| August 2024 | 35.19 | 161.80 | 125.14 | 121.11 | 103.33 |
| July 2024 | 34.99 | 162.10 | 124.43 | 121.33 | 102.55 |
| June 2024 | 34.91 | 161.40 | 124.15 | 120.81 | 102.76 |
| May 2024 | 34.94 | 161.50 | 124.25 | 120.88 | 102.79 |
| April 2024 | 34.93 | 160.60 | 124.22 | 120.21 | 103.33 |
| March 2024 | 34.81 | 159.80 | 123.79 | 119.61 | 103.49 |
| February 2024 | 34.82 | 158.80 | 123.83 | 118.86 | 104.18 |
| January 2024 | 34.76 | 158.30 | 123.61 | 118.49 | 104.33 |
| December 2023 | 34.46 | 158.30 | 122.55 | 118.49 | 103.42 |
| November 2023 | 34.29 | 158.80 | 121.94 | 118.86 | 102.59 |
| October 2023 | 34.10 | 158.60 | 121.27 | 118.71 | 102.15 |
| September 2023 | 34.03 | 158.50 | 121.02 | 118.64 | 102.01 |
| August 2023 | 33.50 | 158.70 | 119.13 | 118.79 | 100.29 |
| July 2023 | 33.25 | 158.10 | 118.24 | 118.34 | 99.92 |
| June 2023 | 33.13 | 157.20 | 117.82 | 117.66 | 100.13 |
| May 2023 | 33.26 | 157.00 | 118.28 | 117.51 | 100.65 |
| April 2023 | 33.37 | 156.40 | 118.67 | 117.07 | 101.37 |
| March 2023 | 33.13 | 155.30 | 117.82 | 116.24 | 101.35 |
| February 2023 | 33.17 | 154.50 | 117.96 | 115.64 | 102.00 |
| January 2023 | 33.03 | 153.90 | 117.46 | 115.19 | 101.97 |
| December 2022 | 32.68 | 153.10 | 116.22 | 114.60 | 101.41 |
| November 2022 | 32.72 | 154.00 | 116.36 | 115.27 | 100.94 |
| October 2022 | 32.53 | 153.80 | 115.68 | 115.12 | 100.49 |
| September 2022 | 32.39 | 152.70 | 115.18 | 114.30 | 100.78 |
| August 2022 | 31.93 | 152.60 | 113.55 | 114.22 | 99.41 |
| July 2022 | 31.66 | 153.10 | 112.59 | 114.60 | 98.25 |
| June 2022 | 31.80 | 152.90 | 113.09 | 114.45 | 98.81 |
| May 2022 | 31.65 | 151.90 | 112.55 | 113.70 | 98.99 |
| April 2022 | 31.74 | 149.80 | 112.87 | 112.13 | 100.67 |
| March 2022 | 31.45 | 148.90 | 111.84 | 111.45 | 100.35 |
| February 2022 | 31.48 | 146.80 | 111.95 | 109.88 | 101.88 |
| January 2022 | 31.62 | 145.30 | 112.45 | 108.76 | 103.39 |
| December 2021 | 31.20 | 144.00 | 110.95 | 107.78 | 102.94 |
| November 2021 | 30.95 | 144.20 | 110.06 | 107.93 | 101.97 |
| October 2021 | 30.88 | 143.90 | 109.82 | 107.71 | 101.95 |
| September 2021 | 30.88 | 142.90 | 109.82 | 106.96 | 102.67 |
| August 2021 | 30.45 | 142.60 | 108.29 | 106.74 | 101.45 |
| July 2021 | 30.36 | 142.30 | 107.97 | 106.51 | 101.36 |
| June 2021 | 30.31 | 141.40 | 107.79 | 105.84 | 101.84 |
| May 2021 | 30.55 | 141.00 | 108.64 | 105.54 | 102.94 |
| April 2021 | 30.74 | 140.30 | 109.32 | 105.01 | 104.10 |
| March 2021 | 30.49 | 139.60 | 108.43 | 104.49 | 103.77 |
| February 2021 | 30.64 | 138.90 | 108.96 | 103.97 | 104.80 |
| January 2021 | 30.75 | 138.20 | 109.35 | 103.44 | 105.71 |
| December 2020 | 30.20 | 137.40 | 107.40 | 102.84 | 104.43 |
| November 2020 | 30.14 | 137.70 | 107.18 | 103.07 | 103.99 |
| October 2020 | 30.26 | 137.50 | 107.61 | 102.92 | 104.56 |
| September 2020 | 30.06 | 136.90 | 106.90 | 102.47 | 104.32 |
| August 2020 | 29.88 | 137.00 | 106.26 | 102.54 | 103.62 |
| July 2020 | 29.96 | 137.20 | 106.54 | 102.69 | 103.75 |
| June 2020 | 30.29 | 137.20 | 107.72 | 102.69 | 104.89 |
| May 2020 | 30.97 | 136.10 | 110.14 | 101.87 | 108.11 |
| April 2020 | 31.14 | 135.70 | 110.74 | 101.57 | 109.03 |
| March 2020 | 29.88 | 136.60 | 106.26 | 102.25 | 103.93 |
| February 2020 | 29.09 | 137.40 | 103.45 | 102.84 | 100.59 |
| January 2020 | 28.95 | 136.80 | 102.95 | 102.40 | 100.54 |
| December 2019 | 28.64 | 136.40 | 101.85 | 102.10 | 99.76 |
| November 2019 | 28.66 | 136.40 | 101.92 | 102.10 | 99.83 |
| October 2019 | 28.66 | 136.60 | 101.92 | 102.25 | 99.68 |
| September 2019 | 28.62 | 136.20 | 101.78 | 101.95 | 99.84 |
| August 2019 | 28.10 | 136.80 | 99.93 | 102.40 | 97.59 |
| July 2019 | 28.13 | 137.00 | 100.04 | 102.54 | 97.55 |
| June 2019 | 28.26 | 136.30 | 100.50 | 102.02 | 98.51 |
| May 2019 | 28.11 | 136.60 | 99.96 | 102.25 | 97.77 |
| April 2019 | 28.18 | 136.00 | 100.21 | 101.80 | 98.44 |
| March 2019 | 28.13 | 135.40 | 100.04 | 101.35 | 98.71 |
| February 2019 | 28.16 | 134.50 | 100.14 | 100.67 | 99.47 |
| January 2019 | 28.12 | 133.60 | 100.00 | 100.00 | 100.00 |
Sources, calculation and limits
Canada; all employees, both full- and part-time, all industries, age 15+; unadjusted average hourly wage and all-items CPI; January 2019 = 100.
The fixed January 2019 comparison can end in a different calendar month; seasonal patterns may affect that difference because neither series is seasonally adjusted. Same-month annual comparisons reduce this mismatch but do not control for a changing employee mix. The employee mix can change. This is not median pay, a fixed-worker wage increase, take-home pay, annual household income or household purchasing power. Hours, taxes and individual spending baskets are not measured here.
Price-adjusted change (%) = 100 × [(ending wage ÷ starting wage) ÷ (ending CPI ÷ starting CPI) − 1]. We calculate from the source levels before rounding. The wage and price indices are shown to two decimals and changes to one decimal.
Statistics Canada: Employee wages · v2132579 · observations held through July 2026; captured 2026-08-10. Archived copy SHA-256: c15a64f5848deea1f901a72db7ad5c5c3b60fea7338f41b462c792f6f660b6e2
Statistics Canada: All-items consumer prices · v41690973 · observations held through July 2026; captured 2026-08-18. Archived copy SHA-256: e9797ae9b0208f70378e39456f510eee049ad72281e2179c4d645bb69f8cf42b
Adapted from Statistics Canada, tables 14-10-0063-01 and 18-10-0004-01, 2026. This does not constitute an endorsement by Statistics Canada of this product.
The comparison advances only when both series have a verified observation for the same month. New source releases and revisions trigger a fresh calculation and source check; employment headlines alone do not update this panel.
Chapter 7§
What this reading cannot say
The boundaries a reader should hold against every sentence above: what a rate ranking is not, what changed inside the comparison window, which population the rent index measures, how far back the held evidence reaches, and which of these figures the issuer itself expects to restate.
Chapter 8§
What to watch next
The releases that can change this reading, in the order they are expected, and what each one can and cannot settle — a new month of prices is not a new basket, and neither is a revision to a core measure.
Directly observed
No section of this Brief currently carries an audited outcome — zero is shown, not hidden.
Method and limitations
- Every figure on this Brief is derived here, from Consumer Price Index series this record holds under a content hash, on conventions frozen before the release they read. The change over the year is the index for a month divided by the index for the same month a year earlier, less one, as a percent, rounded half away from zero to one decimal on the percent and never on the index; the change over the month is the same arithmetic against the preceding month; a gap between two rates is the difference of the two already-rounded percents, in percentage points, never a ratio of levels and never a blended series. The Bank of Canada core measures are the one exception, and they are not derived here at all: they are Statistics Canada's own published rates, restated as published. Components are ranked against each other by their own rate of change and are never weighted, combined or summed, because this record does not hold the basket weights that a contribution to the headline would require. Every number stated in the answer above appears, with its basis, in the data table published beneath the instrument at the head of this page.
- Rate, never contribution. Countability does not hold the Consumer Price Index basket weights (Statistics Canada table 18-10-0007-01, a recorded non-admission). Every component figure on this Brief is that component's own rate of change. No sentence here states, and none can support, how much of the all-items rate any component supplied.
- The basket changed inside the comparison window. A basket update took effect with the May 2026 reference month. In the twelve months to July 2026, the three most recent months — May, June and July 2026 — sit on the updated basket, and the other nine predate it. This is a measurement change, not a price change.
- CPI rent is not asking rent. The rent index measures the price of the occupied rental stock, including sitting tenancies. Advertised asking rents measure new lettings only. The two populations differ, and a divergence between them is not evidence that either is wrong.
- The core measures are revisable by design. CPI-trim and CPI-median rest on seasonally adjusted input series and CPI-common on a factor model re-estimated over all available history, so Statistics Canada publishes all three as subject to revision. The August 17, 2026 release restated CPI-trim for June, from 1.8% to 1.9%, and several historical CPI-common values. A restatement in this family is expected issuer method, not an error, and not a correction owed by this record.
- Adapted from Statistics Canada, table 18-10-0256-01, 2026. This does not constitute an endorsement by Statistics Canada of this product. The headline, component and analytical-cut figures on this Brief come from Statistics Canada table 18-10-0004-01; the wage figure from table 14-10-0063-01.
- The claim floor is July 2006. Countability holds these index series from August 2006 only, so the earliest year-over-year comparison available here is August 2007. Statistics Canada's own published history runs much further back. No "lowest since", "first since" or "fastest since" statement on this Brief reaches earlier than the held window, and none should be read as a statement about the whole history of the index.
- The wage comparison is a difference of two rates. Average hourly wage growth less all-items price growth, in percentage points, on the frozen convention. It is not a real-wage index, not a measure of household purchasing power in the aggregate, and not adjusted for hours, composition or seasonality: the wage series is unadjusted and in current dollars.
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