Opinion: With boomers retiring and investment uncertain, where will Canada’s workers come from?

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With boomers retiring and investment uncertain, where will Canada’s workers come from? GlobeBusiness

. The situation is holding back production and there are plenty of examples of companies unable to operate fully because they are unable to fill vacant positions. According to Statistics Canada, there were more than half a million vacant jobs late in 2018.

An upcoming study by the Conference Board of Canada looks at how immigration and other sources of workers can help fill the void left by retiring boomers. The best path forward is for Canada to increase the labour force participation of women, Indigenous peoples and persons with disabilities in combination with gradually raising immigration levels.

Given its demographic pressures, it is incumbent on Canada to identify how it can tackle the common barriers that impede the labour force participation of under-represented groups such as women, Indigenous peoples and persons with disabilities. Lifting labour force engagement among these under-represented groups is not impossible, although tackling this issue would require leadership and funding.

While coming up with specific solutions is easier said than done, there is a moral imperative to promote inclusive economic growth – doing so will improve the economic outcomes for such talent sources and their families, alleviate poverty and strengthen our social inclusion and cohesion.

 

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globebusiness Boomers can’t retire

globebusiness Better question might be, without investments, where are the jobs going to come from hey JustinTrudeau and Bill_Morneau? But who worries about such things when you are so rich!

globebusiness Why do they have to come from anywhere? ponzi

globebusiness Trudeau’s Syria. CIC’s South of the Border Crossings. Hey, you asked.

globebusiness and where will the money to go to school to train for such jobs come from? Education is getting too expensive.

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