Canada – Employment Income in Metropolitan Areas: Many of the worst growth performers in Ontario, Montreal and Quebec on top

Summary

• This bulletin compares Canada’s 41 Census Metropolitan Areas (CMAS) in terms of growth in median employment income from 2008-2019.
• From 2008-19, median employment income growth across the 41 CMAs averaged 5.4 per cent.
• Many of the worst growth performers for this indicator were found in Ontario. Of the 6 CMAs that saw a decline in median employment income, 5 are in Ontario. The 6th is Calgary.
• An examination of the time-series shows that Ontario’s poor results are due to a severe shock during the 2008/09 recession and then a tepid recovery in subsequent years.
• The performance of the CMAs in resource-intensive regions and particularly those with large oil and gas industries is sensitive to the base year chosen.
• For example, over the 2008-19 period, median employment income growth in Alberta and Saskatchewan’s CMAs are clustered towards the bottom of the pack, but the growth rate was still above zero. An analysis focused on a more recent period, starting at the time of the 2015 decline in oil prices, for instance, would show much worse results in those CMAs.

Source: Analysis of Changes in Median Employment Income in Canada’s Census Metropolitan Areas, 2008–2019 | Fraser Institute

Source: analysis-of-changes-in-median-employment-earnings-cdn-CMAs-2008-2019-infographic-largest.jpg | Fraser Institute