Almost 40% of Canadian entrepreneurs are already having difficulty finding the workers they need. And there’s no relief in sight for at least a decade.
As a result, some companies are unable to fill customer orders or even have to refuse them. Quality is suffering and competitiveness is declining.
BDC surveyed more than 1,200 entrepreneurs about how a worker shortage is impacting their business. We found affected firms are 65% more likely to be low-growth businesses.
In this study, you will learn about the forces causing shortages and the steps businesses are taking to find and retain workers.
- the hardest hit regions and industries
- indirect costs of labour shortages you may not have considered
- four strategies you can use to find and keep the best people
- inspiring case studies of entrepreneurs who are overcoming a worker shortage
Economic pulse: Labour shortage
Our Chief economist, Pierre Cléroux, talks about labour shortage and how businesses can respond.
Get your free copy of the study
No time to read the full report? No problem. You’ll also receive a fact sheet with the highlights.