Where Have All The Canadian Skilled Labourers Gone in 2022?
Where have all the skilled labourers gone? Construction hiring managers can all agree that it is difficult to find skilled labor in today’s market. At the start of the pandemic, the Bank of Canada’s Business Outlook Survey found that firms frequently reported a shortage of specialized labour (e.g., skilled trades, engineers). In their report at […]
Economic & Employment Outlook for Canada in 2022
A new report from RSM Canada shows economic growth is projected to surpass pre-pandemic levels, though labour and inflation pressures will continue to be a challenge. Their forecast for 2022 includes: Employment: The job market is predicted to continue to struggle with both a tight labour market and high long-term unemployment as the unemployment rate […]
OSC Survey of 300 Contractors Provide Insights Into The Stability Of Construction Industry In Ontario
The Ontario Construction Secretariat (OCS) have released their Coronavirus Contractors Survey 4: Stability & Anxiety, which is their fourth survey in a series of independent research into the contractor industry. This particular survey was conducted with 300 ICI (Industrial, Commercial, and Institutional) contractors on how the construction industry is being impacted by COVID-19. Positive Outlook […]
WSIB Freezes Premium Rates for Ontario Businesses
The Workplace Safety and Insurance Board (WSIB) announced on October 1, 2020 that premium rates for Ontario businesses will be held for another year at the same levels paid in 2020, offering stability as employers grapple with the economic impact of the global pandemic. Deferred premium payments not required before January 1, 2021. “By holding […]