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The job vacancy rate in construction is at a record high with around 80,000 vacancies in the industry, said CIBC deputy chief economist Benjamin Tal in a recent note.
The construction industry is short tens of thousands of workers, and experts say a coming wave of retirements could make the problem worse even as Canada is millions of homes behind what's needed to reach housing affordability this decade.
Canada's plan needs a clear and predictable pathway for foreign tech workers to obtain permanent residency, say experts.
Post-Covid, developed economies like the US, Canada, Germany, Australia, and many more have been facing an acute shortage of labour due to an ageing population and a low birth rate.Looking beyond borders, these countries are streamlining their ...
Canada has introduced a new stream under its Express Entry immigration pathway to prioritise skilled newcomers with Science, Technology, Engineering, and Mathematics (STEM) experience.