Highlights
- In November 2021, more than 1 in 2 Canadian small businesses said they were affected by labour shortages. This proportion has been on an upward trend since the start of the pandemic.
- The pandemic is not the cause of this complex problem, but has certainly exacerbated the situation. Demographics are also largely to blame for the imbalance between employment supply and demand.
- While a large majority of small businesses have already responded by raising wages, their experience shows it is no silver bullet. Rather, a set of solutions is needed to address the main problem, a lack of applicants. Use of the Temporary Foreign Worker Program and Investing in automation present the best potential.
Related Documents
Release Date | Report | Download |
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December 2021 | Labour shortages are back with a vengeance | PDF (5.5 MB) |
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