From Trade Challenges to Demographic Slowdown
Canadian labour markets have been assailed by a mix of tariffs and heightened economic uncertainty since the start of the year. Despite pockets of resilience, labour market challenges are set to persist during this outlook period. Short-term momentum remains constrained by trade disputes, and lingering economic uncertainty continues to affect hiring and investment decisions.
How will the federal government’s lower migration targets shape labour market trends in the near term, and which sectors have been bright spots of employment growth? In what areas will the heaviest labour pressures be felt as migration dwindles, the workforce ages, and tariff uncertainty continues? What policies and technologies can businesses adopt to increase workforce participation over the medium term?
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