I am making no bones about time. I was hired at Royal with 3000 hrs exactly.
HOWEVER, do not think the market is bare. My overseas B747 company has 10+ Canadian FO's with 5000+ time and several thousand heavy jet (b747/ b757). All would return for AC.
There are many more. How many guys at Sky or Transat would leave..
There may be jobs opening up at CMA or Perimeter. But there is still plenty of competition for the golden jet job.