A new report by the Parliamentary Budget Officer takes Finance Canada to task over its warnings of job and skills shortages, concluding there is little evidence in support of a national labour shortage or skills mismatch in Canada.
Further, the PBO report on Canada’s labour market found median real wages have stagnated since the end of the recession, while average real wages have increased, meaning it is only higher-income earners who are seeing wage increases.
The report also takes aim at the potential impact created by the controversial Temporary Foreign Worker program.
“It is also worth noting that a higher portion of temporary foreign workers in the private sector could also be putting downward pressure on the private-sector job vacancy rate,” the report states.
This scandal should not be allowed to fade away.