Winning the fight for talent

Nearly two-thirds of private firms see labour as primary challenge in 2008
||Last Updated: 07/31/2009

The growing shortage of qualified workers in Canada is forcing private companies to work harder to get the right people in the right jobs, and place a higher priority on keeping them, according PricewaterhouseCoopers.

The consulting firm's most recent Business Insights report, which surveyed 420 private companies in Canada, found 61 per cent of them see labour as their primary challenge in 2008.

"As baby boomers retire, there are not enough young workers available to fill the void," said Don Edmonds, PwC's private companies services leader in the audit and assurance group in Toronto.