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Small Canadian businesses facing skilled labor shortage: Survey

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Around 47 per cent of the small Canadian businesses are facing a shortage of skilled labor, found the monthly Business Barometer survey conducted by Canadian Federation of Independent Business (CFIB). Because of the labor shortage, many employers are forced to limit hiring of employees while for many others, it is curtailing growth of their businesses. The industries that marked the highest level of labor shortage were construction, transportation, personal services, natural resources etc.
The Business Barometer survey is conducted by the Canadian Federation of Independent Business (CFIB) every month. The October 2018 survey found that labor shortage in Canada has increased 10 per cent compared to January 2018 and 20 per cent compared to January 2016.

Skilled labor shortage in provinces

The Canadian provinces that face the highest level of labor shortage are British Columbia, Quebec and Ontario. However, all these provinces have taken special efforts to tide over the crisis.  Quebec has taken some pivotal steps to solve the labor shortage problem, especially in regions outside the Montreal region. The new Expression of Interest system launched by Quebec helps the province select eligible skilled workers for immigration under the Quebec Skilled Worker Program. With a view to select eligible Express Entry candidates with desired skills for immigration, Ontario has revised the minimum CRS score requirement to qualify for its Human Capital Priorities Stream. Earlier, the candidate was required to have 400 CRS points in order to qualify for Human Capital Priorities (HCP) stream. Now, it is up to the discretion of the director to decide the minimum required scores. Most of the recent draws to the HCP stream had required scores below 350 for candidates with job offer from an Ontario employer.
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