Feds end Canada Recovery Benefit program, expected increase in labour force
Ottawa ended its Canada Recovery Benefit program over the weekend. The government said the CRB was no longer needed because the Canadian economy was faring better than a few months ago. A recent report by the Business Development Bank of Canada said that more than 60 per cent of Canadian business owners say that widespread labour shortages are limiting their growth.
Lethbridge Chamber of Commerce CEO, Cyndi Vos, says with the ending of the aid-program, it is likely we will begin to see more people heading back to work.
As of October 10th, the CRB had paid out just over $27 billion to nearly 2.2 million applicants since launching in late September of last year.