From Near-Term Volatility to Medium-Term Worker Scarcity
Canada’s labour market is entering a period of transition. After showing resilience through much of last year, momentum has weakened in early 2026 as prolonged economic uncertainty, softer business confidence, and ongoing trade tensions begin to weigh more heavily on hiring decisions.
How are demographic changes shaping Canada’s labour market? Despite employment remaining more resilient than expected, what worrying trends continue to persist in the labour market? Why do we expect that AI adoption will have a limited impact on overall job gains (or losses) in the context of low migration intake and rising retirements?
Read the online experience to get our full analysis.
