#poor wages

[mybeautifulchristianjourney]

Not even in this world does sin pay its servants good wages.

Charles Spurgeon

[stevemaclellan]

Canada’s economy lost nearly $13B due to labour shortage, new report shows - National | Globalnews.ca

Canadian Manufacturers and Exporters' annual labour survey of manufacturers found that almost two thirds have lost or turned down contracts and experienced production delays.

Canada’s economy lost almost $13 billion over the past year due to a nationwide labour and skill shortage in the manufacturing sector, a new report has found.

Canadian Manufacturers and Exporters’ (CME) annual labour survey of 563 manufacturers in 17 industries across the country found that almost two thirds have lost or turned down contracts and experienced production delays due to a lack of workers.

Read more: Recession in Canada ‘probable’ next year, ex-Bank of Canada governor Mark Carney says

The penalties and loss of sales resulting from these issues totalled $7.2 billion, according to the organization.

As well, 43 per cent of companies have postponed or cancelled capital projects because of the shortages, resulting in another $5.4 billion in lost investment, said the CME.