Cola 2024 Increase Announcement Canada. Number of agreements number of employees duration of agreements in months. A 4.7% cpp and oas payment increase implemented 1 january 2024 is expected thanks to inflation indexing and the cpp enhancement.
Major settlements are those involving bargaining units of 500 or more employees. Despite signs of a possible recession, canadian workers are forecast to receive an average salary increase of 3.6 per cent in 2024, according to a new survey by normandin beaudry.