Investing in skills and talent

Engineering students working in a lab.

Photo: Concordia University

Canada faces an uncertain future. Traditional partners are increasingly turning inward, and technological advances and automation are drastically altering the labour market. Our ability to adapt to these changes, diversify trade relations, invest in talent and instil a mindset of lifelong learning will be the keys to Canada’s success in a rapidly shifting, global knowledge economy.

Two female students looking at a computer.

Photo: Concordia University

In this time of unprecedented global change, investments in hands-on learning, global study, Indigenous student success, next-generation research talent and leading-edge research and training facilities will equip Canada to compete on the world stage.

Recommendation

Strategic investments in all students are needed to ensure Canadians are equipped to achieve their potential in our rapidly changing global economy.

By the numbers

  • 50%

    Fifty percent of Canadian jobs will demand major skills shifts in the next 10 years as technological advancements change the way we work.

    Source: RBC, Humans Wanted – How Canadian youth can thrive in the age of disruption, April 2018.
  • 6/7

    By 2050, six of the seven largest economies in the world are predicted to be China, India, Indonesia, Brazil, Russia and Mexico. Canada must maximize its trade agreements and sign new ones.

    Source: PwC, The Long View How will the global economic order change by 2050?, February 2017.
Universities Canada