News Formal

Small business owners working eight-day week equivalent due to staff shortages: CFIB

  • 📰 VancouverSun
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 61%

Business News News

Business Business Latest News,Business Business Headlines

The report, based on a survey, found 59 per cent of Canada\u0027s small and medium\u002Dsized businesses were affected by labour shortages

Play Video

The report, based on a survey of CFIB members last September, found 59 per cent of Canada’s small and medium-sized businesses were affected by labour shortages, forcing the average owner to work 54 hours per week to compensate.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

“They have to turn down sales contracts, decrease service offerings. They are diverted from developing and implementing strategies to their business to improve, to grow their business, so that’s really an issue.” The study indicates the problem is getting worse. The number of small businesses affected by labour shortages has increased from 55 per cent in November 2021.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Small business owners working eight-day week equivalent due to staff shortages: CFIB - BNN BloombergA new study by the Canadian Federation of Independent Business says the average small business owner is working the equivalent of an eight-day workweek due to staffing challenges, especially in Western Canada.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Small business owners working eight-day week equivalent due to staff shortages: CFIBThe report, based on a survey, found 59 per cent of Canada\u0027s small and medium\u002Dsized businesses were affected by labour shortages
Source: TheTorontoSun - 🏆 23. / 68 Read more »

CANADA: Small business owners working eight-day week equivalent due to staff shortages: CFIBThe average owner works 54 hours a week
Source: SooToday - 🏆 8. / 85 Read more »

CANADA: Small business owners working eight-day week equivalent due to staff shortages: CFIBThe average owner works 54 hours a week
Source: sudburydotcom - 🏆 6. / 89 Read more »