Why you should take your banker to lunch Is it time to start using ...

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CANADA’S SKILLS CRISIS Canada’s economic growth is being held back by a shortage of skilled workers Canada‘s skills (and human resources) shortage is the major socio-economic challenge confronting this country, and it will be so for the rest of our working lives. Two huge trends are affecting the Canadian labour market. Number one: Canada‘s aging population is resulting in ―boomers‖ leaving their jobs. And, number two, the nature of Canada‘s jobs continues to become more specialized which, in turn, demands more educated and skilled workers. Many companies and sectors already face shortages of the skilled people they need to remain competitive and grow. These shortages are expected to get worse in the years ahead as baby boomers retire. Moving forward to resolve Canada’s skills crisis Fixing Canada‘s skilled labour shortage through both domestic skills development and access to foreign workers is vital to the continued success of Canadian businesses and the Canadian economy. In 2010, the Canadian Chamber of Commerce released a report highlighting several major challenges for Canada over the next two decades as a result of our rapidly aging workforce. Available Canadian talent can be found by tapping underused segments of the population, such as older workers, Aboriginal peoples, the disabled and youth; in addition to attracting immigrants. The Canadian Chamber believes it can be on the forefront of connecting stakeholders who are impacted by Canada‘s skilled labour shortage. Moving forward, we will continue to identify these issues and devise solutions to assist our members overcome the labour shortage and stay competitive in a global economy. Connect. http://actionplan.gc.ca/eng/feature.asp?mode=preview&pageId=242 http://www.workingincanada.gc.ca/content_pieces-eng.do?lang=eng&cid=1 http://actionplan.gc.ca/eng/feature.asp?mode=preview&pageId=204 http://thecentre.on.ca/skilledtrades http://www.hrsdc.gc.ca/eng/workplaceskills/trades_apprenticeship/index.shtml http://www.apprenticetrades.ca/en/ Courtesy of the Canadian Chamber of Commerce’s “THE TOP 10 BARRIERS TO COMPETITIVENESS” http://chambertop10.ca/10-barriers/. T h e F o c u s A u t u m n 2 0 1 1 | 21
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Page 5 and 6: PRESIDENT'S PIECE Should we? Could
Page 7 and 8: WHY YOU SHOULD TAKE YOUR BANKER TO
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