Organizational Outlook for the Nonprofit Sector
4th Quarter Analysis: October – November 2021
Here is a summary of what we found in our analysis of the 4th Quarter data from the 2021 Canadian Survey on Business Conditions.
Community nonprofits are less optimistic about the upcoming year compared to the previous quarter. They have more optimism than the private sector.
Community nonprofits anticipate reduced operating income and increased demand over the coming quarter.
Community nonprofits report skilled employee recruitment and retention as top obstacles over the next three months. These are followed by labour force shortages. Nonprofits plan to increase wages for existing and new employees and offer paid on-the-job training opportunities to keep and attract employees.
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