COVID-19 has intensified the need for digital and STEM skills, but Canada lags in this area. Why? For insight into the solutions to a generational problem, Jayson Hilchie of the Entertainment Software Association of Canada joins C.D. Howe Institute CEO Bill Robson and host Michael Hainsworth to discuss the two paths Canada must take to remain competitive and fuel our economy.
From: Parisa Mahboubi and Tingting Zhang To: Canadians Concerned About Labour Shortages Date: September 19, 2022 Re: Canada’s Evolving Labour Shortage Challenge All business sectors, regardless of size, are facing hiring difficulties. Vacancies are increasing, but there is a dearth of job seekers. As the boomers age, labour shortages will only get worse, limiting economic […]
To: Canadians Concerned About Growth From: Parisa Mahboubi Date: September 2, 2022 Re: Back to School: A Good Time to Examine Canada’s Digital Skill Deficit Rapid digitalization across the economy and an aging population are feeding Canada’s digital and STEM skills shortages. The COVID-19 pandemic has also intensified the need for digital skills across all sectors, and contributed to […]
From: David Gray To: The Hon. Carla Qualtrough, Minister of Employment, Workforce Development and Disability Inclusion Date: August 29, 2022 Re: Extended Employment Insurance (EI) Benefits for Claimants at Risk of Exhaustion With the exception of the pandemic period, the provisions for maximum benefit Employment Insurance (EI) entitlements are a function of two things: i) […]
Parisa Mahboubi, author and C.D. Howe Institute Senior Policy Analyst, joined The Morning Show on CKWS to discuss her report “The Knowledge Gap: Canada Faces a Shortage in Digital and STEM Skills” which looks at ways to increase supply of people with digital 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 […]
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 […]
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 […]
The economic fall-out of COVID-19 could be permanent for Canada’s youth. The Institute’s Parisa Mahboubi tells Michael Hainsworth they’ve been hit with a one-two punch of diminished education and poorer job prospects.
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 […]
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: […]
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 […]
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