National “crisis”

The Financial Post is reporting that according to a coalition of business groups, unions and colleges the shortage of skilled labour in this country is reaching the point of crisis. The article claims that this skilled worker shortage is preventing many small and medium-sized businesses from expanding.

Some sectors of the economy are particuraly affected by this issue.

• The construction sector, which is in demand to build new infrastructure, or refurbish existing infrastructure, will need approximately 260,000 new workers over the next eight years.

• The mining industry is expected to need 10,000 people per year or 100,000 people over the next 10 years.

• Railways are said to require 11,000 workers in the next four years (33% of its total current workforce) to fill technical positions that will become available.

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