Almost all price elasticities are negative: an increase in price leads to lower demand, and vice versa. Air travel, especially for vacation, tends to be highly elastic: a 10% increase in the price of air travel leads to an even greater (more than 10%) decrease in the amount of air travel.he U.S. average retail price per gallon of regular motor gasoline has fallen 28% from its 2014 peak of $3.70 per gallon on June 23, to $2.68 per gallon on December 8.
In Canada, wages are benchmarked using average hourly earnings. This page provides-Canada Average Hourly Wages-actual values, historical data, forecast, chart, statistics, economic calendar and news.Content for-Canada Average Hourly Wages-was last refreshed on Thursday, October 15, 2015.ages in Canada averaged 17.99 CAD/Hour from 1991 until 2015, reaching an all time high of 23.81 CAD/Hour in December of 2014 and a record low of 13.73 CAD/Hour in January of 1991. 1Y 5Y 10Y MAX.
Average Salary in Canada. If you moved to Canada from another western economy a few years ago, you would most likely have found Canadian wages a bit lower than you expected. This is generally not the case now. The average salary in Canadian dollars has risen by around 22 percent since 2007.In 2015 the average hourly earnings accross all employess in either full ot part-time work was $25.11. This compares to $20.56 in 2007.n 2015 the average hourly earnings accross all employess in either full ot part-time work was $25.11. This compares to $20.56 in 2007.