38. The Base Wage is, for each month, the average of weekly salaries and wages of the Industrial Composite in Canada for that month, as published by Statistics Canada under the Statistics Act (Revised Statutes of Canada, 1985, chapter S-19).
The Base Wage for the annual period is equal to the average Base Wage for the twelve-month period ending with the month of June preceding the year for which the Base Wage for a year is computed.
The Base Wage for the first triennial period is equal to the average Base Wage for the thirty-six-month period ending with the month of June contemplated in the second paragraph.
The Base Wage for the second triennial period is equal to the average Base Wage for the thirty-six-month period ending with the eighteenth month preceding the month of June contemplated in the second paragraph.
The Base Wage for a year is equal to the Base Wage for the annual period multiplied by the ratio that the Base Wage for the first triennial period bears to the Base Wage for the second triennial period.
1965 (1st sess.), c. 24, s. 36; 1974, c. 16, s. 2.