In today’s column for the Economy Lab feature of the Globe and Mail‘s Report on Business, I report on my encounter with the massive complacency of the “expert chattering classes” when confronted with the evidence about the labour shortages Canada will face in a few short years. Yes, we will adjust, but skillful adjustment takes thought and foresight. It is amazing how much effort is required to make the inevitable happen!
Those of you with (reasonably) long memories will remember I reviewed the data on all this extensively in my book Fearful Symmetry. Everything I foresaw there is coming to pass….
I was also interviewed about this column by BNN. You can see the interview by clicking on the link.