
Yes, there is a massive labour shortage in sectors such as healthcare and the skilled trades: https://www.canada.ca/en/immigration-refugees-citizenship/corporate/transparency/committees/cimm-nov-25-2024/labour-shortages.html
Youth unemployment has to do with the particularities of students looking for temporary jobs in the services sector and the lack of training opportunities https://lmic-cimt.ca/the-state-of-youth-employment-in-canada/ https://policyoptions.irpp.org/magazines/november-2024/youth-employment-opportunities/
That’s because they keep trying to build houses whose primary objective is to be profitable for developers and/or investors. They keep building either suburban subdivisions or isolated condo towers. We need to be building to house people, not to create profit, i.e, we need to be building off market housing. And to make it work, we need to be building housing in transit oriented, mixed use walkable neighborhoods, not in car centric suburban sprawls.