Employers are having a hard time hiring workers, are pushing them to work longer hours, and are rejecting new orders, which is hampering growth for the majority of Canadian businesses, a new study says.
Published by the Business Development Bank of Canada (BDC), the study (pdf) found 55 percent of small and medium-sized businesses in Canada are struggling to hire the workers they need, with 64 percent of entrepreneurs reporting that the labour shortage is limiting their growth.