The Knowledge Gap: Canada Faces a Shortage in Digital and STEM Skills

  Due to rapid digitalization across the economy and an aging population, Canada faces digital and STEM skills shortages. The COVID-19 pandemic has also intensified the need for digital and STEM skills and contributed to the existing shortages. These skills shortages can hurt businesses and affect economic growth. To respond, Canada needs to increase its […]

Parisa Mahboubi – Canadian Youth Faced a Double Hit from Pandemic

To: Canadian Youth From: Parisa Mahboubi Date: August 19, 2022 Re: Canadian Youth Faced a Double Hit from Pandemic Today’s labour market is tight and the kids aren’t alright. During the pandemic, young Canadians experienced education and work disruptions that led to income losses, high unemployment and likely learning losses. Although the record high youth […]

Decapitalization: Weak Business Investment Threatens Canadian Prosperity

Recent high inflation shows starkly that the Canadian economy’s ability to produce goods and services is not keeping up with surging nominal spending. One key suspect in the economy’s disappointing ability to produce is a declining stock of business capital per available worker – that is, member of the labour force. Business investment in Canada […]

Tobin, Mahboubi – No Time Like the Present to Fix Our Skills Training

From: Steven Tobin and Parisa Mahboubi To: Labour Force Policy Planners Date: July 25, 2022 Re: No Time Like the Present to Fix Our Skills Training Two years ago, during a pandemic-induced recession, the unemployment rate was in double-digits and nearly three million workers lost their jobs. For the job market, that seems like ages […]

Klein, Waverman – Addressing Ageism (II): How to Keep Older Workers

From: Eva Klein and Leonard Waverman To: Canadians Concerned about Prosperity Date: July 22, 2022 Re: Addressing Ageism (II): How to Keep Older Workers Yesterday we outlined the 130-year-old origins of today’s outdated retirement age rules and expectations. We now examine how older workers have fared in the labour market since the pandemic began based on several indicators: […]

Klein, Waverman – Addressing Ageism: Keeping Older Workers

From: Eva Klein and Leonard Waverman To: Canadians Concerned About Prosperity Date: July 21, 2022 Re: Addressing Ageism: Keeping Older Workers New Statistics Canada data highlights the gravity of a demographic and economic crisis. The numbers show that 20 percent of the working age population is now between the ages of 55 and 64. For the first time […]

Canada keeps making labour market mistakes by missing recession-era opportunities – Globe and Mail Op-Ed

Two years ago, during a pandemic-induced recession, the unemployment rate was in double-digits and nearly three million workers lost their jobs. Yet for the job market, it seems like ages ago. Canada’s job numbers have bounced back, and with national unemployment rates hovering at all-time lows, we are suddenly confronted (again) with labour and skills shortages.

The inability of employers to find workers with the right skills to fill record-high vacancies is dampening Canada’s economic growth and competitiveness. It also affects health care access and contributes to inflationary pressure, disrupting supply chains and, more broadly, limiting our ability to make headway in raising living standards and in transitioning to a lower…

Lives Put on Hold: The Impact of the COVID-19 Pandemic on Canada’s Youth

Canada’s Youth Face Career “Scarring,” Learning Losses Post-Pandemic Canada’s youth face career scarring and learning losses post-pandemic, according to a new report released by the C.D. Howe Institute. In “Lives Put on Hold: The Impact of the COVID-19 Pandemic on Canada’s Youth,” authors Parisa Mahboubi and Amira Higazy find that youth were disproportionally affected by […]

O’Donnell, Skuterud – Canada’s Temporary Foreign Worker Data Shortage

From: Ian O’Donnell and Mikal Skuterud To: Canadians Concerned about the Labour Market Date: June 23, 2022 Re: Canada’s Temporary Foreign Worker Data Shortage Despite repeated policy efforts to curtail employer reliance on temporary foreign workers (TFWs), we estimate that their share of Canadian employment increased more than six-fold since 2000, reaching more than 5 percent by 2019. […]

James Uguccioni – Improving Employment Insurance Benefits to Protect Children

The C.D. Howe Institute put out a call late last year for Intelligence Memos from next-generation policy leaders. The purpose of the program is to provide a platform for new or soon-to-be graduates to raise their profiles, showcase their ideas, and build their professional networks. This week we are releasing the work of the top […]

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