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2018 Q1 2019 Q1 10 Yr Trend

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Talking Points

Despite historically low unemployment rate and robust pace of job creation wage growth

remains tepid, expanding by 2.5%. Under normal conditions, wage growth should be

growing at the expected rate of inflation (2%) plus the long term growth of productivity (1%)

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Canada less Alberta

Alberta

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More Vulnerable

Less Vulnerable

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5 Y

EA

RR

ET

UR

N

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150 King Street West

Toronto, Ontario

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