Alberta's famous 'wage premium' rapidly eroding, experts say

Experts say Alberta businesses are poised to face a reckoning on wages next year because the province has not kept up with the rest of the country when it comes to wage increases.

For years, Alberta workers have been the highest paid in the country thanks to the province's lucrative oil and gas sector.

That hasn't changed, with the most recent data from Statistics Canada showing that workers in Alberta still enjoy the highest average weekly earnings in Canada by a small margin.

But despite tight labour markets, Alberta has seen the weakest wage growth of any province over the last two years.