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Canada's Skills Crisis Is Growing. Here's How We Can Fix It

  • Canada is experiencing an increasing skills gap, with approximately 700,000 job openings and 77% of businesses reporting difficulties in locating candidates with the appropriate skills for their available positions as of 2025.
  • This crisis stems from an outdated apprenticeship system with low completion rates, a misalignment between education outcomes and labor market needs, and rapid retirements expected by 2028.
  • The skills gap affects many sectors including technology, construction engineering, K-12 education, and nursing, with rising demand for teachers, administrators, and AI-related jobs.
  • Experts call for evidence-informed reforms prioritizing competency-based, flexible training models, nationally coherent on-demand assessments, and stronger employer incentives to upskill workers.
  • Implementing these reforms in collaboration with provinces and industry could reduce training times and improve alignment with workforce needs, addressing the skills shortage's economic impact.
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Bloomberg broke the news in United States on Friday, May 23, 2025.
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