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

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TORONTO — A new study by the Canadian Federation of Independent Business says the average small business owner is working the equivalent of an eight\u002Dday…

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.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

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. Bomal said the problem is particularly prevalent in the West, where 76 per cent of small business owners in Alberta affected by labour shortages are working more hours as a result, followed by 75 per cent each in Manitoba and British Columbia.

“What I didn’t really expect is the number of hours being that high,” said Bomal, who pointed to potential solutions.Article content

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