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Q4 Industry Update - Canadian Manufacturing Sector

Industry Update - Canadian Wholesale Sector

Quarterly Update

Canadian Manufacturers Face Skilled Labor Shortage

Eighty percent of Manufacturers in Canada say they are experiencing a labour and skills shortage as a result of the COVID-19 pandemic, according to a recent survey by trade group Canadian Manufacturers and Exporters (CME).

The CME believes the shortage may be due to a number of factors, including government support measures that may discourage people from seeking work in manufacturing, disinterest in manufacturing among workers, or health and childcare concerns. Measures that could help alleviate the shortage include a national daycare program, and better support for women, immigrants, and temporary workers, according to the CME. Workers whose jobs have been disrupted in other industries could help fill the gaps, but many of them would require additional training. A lack of qualified workers may reduce growth and technological investments that help Canadian manufacturing stay competitive, according to the CME.

News Spotlight

Canada's New Climate Plan Will Look Like as 'Industrial Policy'

Full Article in the National Observer


Malahat Valuation Group specializes in Business Valuation and Real Estate Appraisals to owners of established businesses their professional advisors. We answer the age old question of "what is it worth"?

We provide our clients and their advisors a piece of mind by providing professional valuations that stand up to scrutiny from market participants, the Courts and CRA.

Malahat Valuation Group Inc.



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