The Ontario Financial Accountability Office (FAO) says that, with inflation, real wages in the public sector will decline 11.3% over the three year period 2021/2 - 2023/4 . This would radically deepen the trend towards lower wages during the last ten years. The FAO reports that since 2011, the average annual salary for the Ontario public sector employees (defined here as employees of schools, colleges, provincial government, provincial agencies, and hospitals) has increased by $10,385 -- or 1.6 per cent on average annually. This is the lowest increase of all the sectors and lower than inflation, which averaged 1.8 per cent per year. Over the ten years that would be about a 2% pay cut. The FAO reports that wage settlements were the lowest in the provincial public sector over the last decade: Hospital Wages Especially Challenged: The FAO predicts hospital wages will increase even less than in the public sector -- just ...
Notes from Leftwords -- Doug Allan