The Globe and Mail reports in its Friday edition that for the past two years, Canadian companies have bemoaned the lack of available workers. The Globe's Jason Kirby writes that now, however, the issue increasingly on the minds of corporate managers is too many workers. The number of earnings calls where some variant of "labour shortages" was mentioned surged starting in early 2021. Talk about worker shortages dropped sharply in the first quarter of the year, and has continued to fall in the months since. That pattern roughly matches job vacancies in Canada, which peaked the middle of last year and are now falling, thanks in part to rapid population growth. "The supply of workers has been boosted, enabling firms to put a big dent in the number of job vacancies," TD senior economist James Orlando said in a recent note. Now another matter is gaining steam on corporate calls: layoffs. Not all executives discussing layoffs on calls have been talking about cutbacks at their companies. Stewart Schaefer, chief executive officer of Sleep Country Canada, said on the company's latest conference call that unemployment has never been lower, but, "obviously, that's changing day to day with a lot of the corporate layoffs."