Canadian Workforce Aging – Labour Shortages to Increase

A recent Statistics Canada report focuses on the changing Canadian workforce, highlighting the dwindling ratio of replacement workers to retirees. Given Canada’s demographic makeup and its declining fertility rates, regional labour shortages will likely become more severe and spread. In 2006, there were 1.9 Canadians aged 20-34 entering the workforce for each person aged 55-64 leaving it.

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