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Canadian firms expect a 3% average 2026 pay rise, down slightly from 2025, amid economic uncertainty.
Canadian businesses project a 3% average salary increase for 2026, slightly down from 3.1% earlier in 2025, according to a Normandin Beaudry survey of nearly 400 organizations.
Most employers are maintaining their initial pay budgets, while a minority are reducing or increasing them.
The cautious outlook reflects ongoing economic and trade uncertainties.
Employers are focusing on gradual adjustments, total rewards strategies, and pay transparency, with 42% setting aside extra payroll for flexibility and 35% planning workforce growth.
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Las firmas canadienses esperan un aumento salarial promedio del 3% en 2026, ligeramente inferior a 2025, en medio de la incertidumbre económica.