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Canadian Hiring Managers Show Caution Amid Economic Uncertainty

12/31/2025

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Story summary
  • A survey by Express Employment Professionals shows Canadian hiring managers are cautious, with 25% reporting uncertainty about hiring for 2026.
  • Sixty-seven percent are optimistic, down from 71% last year.
  • Only 44% plan to increase headcounts.
  • Ten percent are considering layoffs.
  • The Bank of Canada warns that U.S. trade relations pose a significant risk to business investment, while 47% of employers report a lack of hard skills among applicants.