The most significant effect of the technology sector labour shortage for startups is not problems accessing talent, but rather the price of workers and its knock-on effects for capital raises, according to Propel CEO Kathryn Lockhart.
In an interview, Lockhart told Entrevestor that Propel — an online startup incubator serving the Atlantic provinces — is advising its resident companies to consider hiring remote workers because remote labour markets are more elastic than those confined to a single region. But that strategy does little to alleviate the effects of cost pressure on startups, she