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0.00206516750803112 0.00229463056447899 0.00229463056447899 -0.00160624139513539 -0.0050481872418542 -0.00619550252409369 -0.00447452960073429 -0.00849013308857284
Stock impact report

Resource-rich Canada grapples with key commodity shortage: workers [Reuters]

Precision Drilling Corporation (PDS) 
Last precision drilling corporation earnings: 4/30 06:00 am Check Earnings Report
Company Research Source: Reuters
energy to aviation to agriculture, forcing companies to consider multiple salary hikes and offer other perks. Statistics Canada data on Friday showed the national unemployment rate hit a 20-month low in October. The shortage of skilled and unskilled workers threatens to hurt economic growth and fuel inflation, which is already at an 18-year high. “Talent is an issue in every sector, at every level of the value chain, in every part of the country, and there's no silver-bullet-fix at hand,” said Leah Nord, a senior director at the Canadian Chamber of Commerce. Industry groups blame the shortage partly on COVID-19 unemployment benefits that alleviated the need for some people to work, and increased demand for better work-life balance among younger workers as older employees retire. One solution, companies say, is to raise the numbers of temporary foreign workers. The federal government and several provinces are working on possible changes that would shorten the process to bring s Show less Read more
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