In this research, part one of two on the outlook for labour relations in Canada, we examine the results of our 2024 Compensation Planning Outlook survey of 186 Canadian organizations with unionized employees. We offer projected wage increases and freezes for unionized employees and anticipate the top bargaining issues between employers and unions.
Will a slowing Canadian economy and decreasing inflationary pressure lead to lower wage increases? How will these economic trends affect individual regions, sectors, and industries? Which labour issues will be prioritized at the bargaining table in 2024?
Read the data briefing to get our full analysis.
A brief overview of the Canadian economic environment
Wages top the priority list for both employers and unions
Base wage increases in 2024 for unionized employees
Minor uptick in salary-freeze projections, but still below pre-pandemic numbers
Appendix B—Respondent profile
Appendix C—Participating organizations