The Tightening Labour Market
Yesterday, I took a quick trip back to the early part of the decade for a reminder of how bad the “skills shortage” debate of 5-6 years ago was. Today, I want to talk a little bit about how we may be heading into something like an actual skills shortage right now, and what the parameters of that shortage look like. The best place to look for evidence on general skills shortages is the Bank of Canada’s quarterly Business Outlook Survey.







