Canada’s Labour Shortage Has Reached the Point of a Perfect Storm

Canada’s Labour Shortage Has Reached the Point of a Perfect Storm
A server tends to customers at a restaurant in Old Montreal on July 18, 2021. The food service industry is just one of multiple sectors facing dire labour shortages. The Canadian Press/Graham Hughes
Cory Morgan
Updated:
Commentary

Economic recovery from the pandemic is going to be a convoluted path with years of ups and downs. While inflation is making it difficult for an increasing number of Canadians to pay the bills, we are also ironically in the midst of a labour shortage. As employers increase employee compensation to draw new workers, they are forced to raise prices for products and services leading to even more inflationary spikes. These labour challenges won’t be solved soon or easily.