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Canada's economy faces 'mismatch' between employers and newcomers: CEO

Canada's economy faces 'mismatch' between employers and newcomers: CEO

BNN Bloomberg
Monday, May 13, 2024 08:35:40 PM UTC

The head of one Canadian think tank says that immigrants face a skills gap and barriers entering the country’s jobs market.

Susan Black, the president and CEO of the Conference Board of Canada, said in an interview with BNN Bloomberg Monday that 90 per cent of paid labour in Canada’s economy is in small and medium-sized companies. However, she said those firms are saying they “can’t find the skills they need in order to grow their company.” 

“At the same time, we've got a huge influx of immigrants and they're ending up in jobs where they're over-skilled,” Black said. 

“And so that's a problem. So we have this mismatch, and we need employers and newcomers to work together to figure out how to close that gap.”

Read full story on BNN Bloomberg
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