Chart 9: Firms expect wage growth to continue to slow https://www.bankofcanada.ca/?p=252742 Balance of opinion * Wage Growth - Over the next 12 months, are increases in labour costs expected to be higher, lower or about the same rate as over the past 12 months? 13 26 25 26 35 50 37 45 32 15 11 -21 9 16 19 9 23 2 6 9 24 29 19 18 14 11 31 34 28 27 35 25 14 4 6 6 4 13 4 -47 -52 -41 -7 6 3 22 15 16 26 29 7 20 14 19 7 3 -1 4 12 17 9 11 11 2 -6 1 -3 -4 17 -5 14 21 13 22 20 25 25 18 18 23 15 7 13 11 10 -35 -21 0 20 43 50 72 68 61 38 31 22 -19 -50 -22 -18 -46 -36 -42 -33 -34 -21 -10 -15