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Canadian Mining Industry Employment and Hiring Forecasts - MiHR

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Executive Summary<br />

The <strong>Canadian</strong> mining industry is highly competitive on the world stage <strong>and</strong> has the potential to remain successful well<br />

into the future. Nations in rapid development phases, such as China <strong>and</strong> India, will continue to need the raw resources<br />

that <strong>Canadian</strong> mining companies provide. This potential, however, is threatened by looming labour shortages <strong>and</strong> other<br />

human resources issues facing the sector. Several labour market trends are impacting the availability <strong>and</strong> quality of<br />

labour in mining; most notably the aging workforce, productivity, <strong>and</strong> challenges in attracting new talent to the sector.<br />

A two-faceted approach will have the greatest impact in addressing existing <strong>and</strong> expected human resources shortages:<br />

(i) making the best use of all available sources of labour <strong>and</strong> (ii) increasing productivity. To fill the talent gap, continued<br />

efforts to attract <strong>and</strong> retain youth, women, new <strong>Canadian</strong>s <strong>and</strong> Aboriginal peoples will provide access to previously<br />

untapped sources of talent. In addition, the need to replace retiring workers, combined with a depleted labour pool from<br />

which to draw, will increasingly force the industry to rely on improved productivity to maintain economic performance.<br />

Productivity increases, in turn, will have to come through investments in training <strong>and</strong> education, as well as through<br />

innovation <strong>and</strong> technological advances.<br />

This report provides the foundation for a structured <strong>and</strong> strategic approach to workforce development. The report is<br />

divided into two main sections. The first provides an economic overview <strong>and</strong> examines the labour market trends affecting<br />

the industry. The second presents the forecasted changes in employment <strong>and</strong> hiring requirements at the national,<br />

regional <strong>and</strong> occupational level — over a two-, five-, <strong>and</strong> 10-year horizon. Finally, observations about the forecasts<br />

<strong>and</strong> labour market trends provide insight into proactive ways to address the human resources challenges confronting<br />

the industry.<br />

2010 <strong>Employment</strong> <strong>and</strong> <strong>Hiring</strong> <strong>Forecasts</strong><br />

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