These Canadian industries are currently facing the biggest labour shortages
CTV
The economic effects from the COVID-19 pandemic are squeezing businesses struggling to find workers as ongoing labour shortages continue to stall certain sectors.
Businesses both big and small say they are struggling to find staff and employers have been offering more incentives to attract workers such as higher wages, bonuses, and flexible hours.
However, for those industries trying to recoup losses after months of lockdown, Jasmin Guenette of the Canadian Federation of Independent Business says perks may not be an option.
"Only 40 per cent of small businesses are making normal sales at the moment. So increasing wage is not something that is possible for many businesses," Guenette previously told CTV News.
New research published last week from the Business Development Bank of Canada (BDC) reports that 64 per cent of Canadian businesses say labour shortages are limiting their growth.
Wednesday wasn't just a good day for Donald Trump. The wealth of the world's 10 richest people also soared by a record amount, according to Bloomberg's Billionaire Index.
Donald Trump's impending return to the White House has raised worries that he could complicate the Canada-U.S. trade relationships.
Stock prices, bond yields and bitcoin surged Wednesday as voters returned former U.S. president Donald Trump to the White House and the Republican party gained control of the Senate.
Employers at British Columbia ports say they are going ahead with locking out more than 700 foremen across the province after strike activities from union members began.
Warren Buffett is collecting a steady stream of profits from all of Berkshire Hathaway's assorted businesses, including Apple, without any major acquisitions.
Dockworkers at the Port of Montreal started a new strike Thursday morning, forcing the indefinite shutdown of two container terminals at the country's second biggest port.