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flag Canadian firms expect a 3% average 2026 pay rise, down slightly from 2025, amid economic uncertainty.

flag 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. flag Most employers are maintaining their initial pay budgets, while a minority are reducing or increasing them. flag The cautious outlook reflects ongoing economic and trade uncertainties. flag 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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