It’s a question of when and not if the Canadian economy will be able to absorb the flood of new jobs created by the global economy.
It will take time to adapt to the new reality and that’s what the experts have been warning about for years.
A report released Tuesday from the Institute for Research on Public Policy (IRPP) says that Canada is now among the most successful countries in the world when it comes to attracting and retaining skilled workers.
“This is a remarkable turnaround in our performance,” said IRPP CEO David Madani.
“We’ve now been through the biggest economic downturn since the Great Depression.”
That’s despite the fact that the global economic crisis has hit hard across the country and many Canadians are struggling to make ends meet.
But the report says that while some of Canada’s best-known cities have experienced some of the most significant job losses, the country has continued to produce more than enough skilled workers to meet the demands of the global marketplace.
The report also says that there are still plenty of opportunities for Canadians to gain experience in the fields of finance, education, law and the arts.
And it says that the country is still on track to grow its economy at a pace of 5.3 per cent annually by 2020.
“Canada is still a big and growing economy with a lot of room for improvement,” said Madani in a statement.
“But we’ve been able to get through the worst of the economic downturn and we’re starting to see some of that recovery.”
For example, the economy grew by 1.4 per cent in 2015 and is expected to grow by 2.2 per cent this year.
But while the country may be on track for another modest pace of growth, the report warns that it will take longer than anticipated to recover and that the current recovery is fragile.
That’s because of a number of factors.
First, the number of Canadians looking for work is still low.
About 14 per cent of Canadians are currently looking for a job and more than a third are unemployed.
Another big issue is the lack of skilled workers in Canada.
As the report points out, “there are more than 5 million Canadians who lack formal qualifications or skills in the area of public administration, finance, and technology, accounting, science and technology.”
While many people who are looking for jobs are looking in specific sectors, there is a big disconnect between what they’re looking for and the types of jobs available.
The majority of Canadians who are searching for a new job are in sectors that have been hit hard by the crisis and have experienced job losses in the past.
This has led to a “disconnect between the jobs that are available and the skills that are needed.”
Second, Canada has also had some major problems in terms of skills shortages.
According to the report, the lack, or even the fact, that Canadians have not had a high level of skills in any of the occupations they are looking to fill has led many people to look elsewhere.
“When it comes down to it, we’re a country of immigrants,” said Marnie Rolfes, vice president of HR and HR management at CIBC, which is a client of IRPP.
“There are some Canadians who come to Canada and have great skills but they don’t necessarily have a great experience.
And we’ve had that problem for a long time.
It’s just been a long-term problem.”
But this is not the first time that Canada has faced this issue.
As recently as 2009, Canada was in a “critical” position.
In the midst of a severe economic recession, the government announced a national hiring freeze that made it harder for employers to fill positions.
And the country’s labour market was experiencing a severe downturn as well.
But in the wake of the Great Recession, Canada started to see the impact of the crisis.
That was the year the country saw a drop in the unemployment rate to 4.7 per cent and that number started to recover.
However, it’s been four years since the recession ended and it’s still not enough to restore jobs to the economy.
There are some signs that the economy is finally starting to pick up.
The number of new full-time jobs has grown by nearly 8,000 per cent since 2011, according to Statistics Canada, which suggests that the overall labour market is showing signs of improving.
But unemployment rates are still higher than the post-recession levels.
“It’s clear that there’s still a lot more to do,” said Rolfers.
“The economy is still growing but we still have a lot to do.”
And while it’s important to note that Canada remains among the top 15 countries in terms the number and percentage of workers who are employed, it also highlights the fact there are some areas of the economy that continue to struggle to adapt.
For example: the federal government’s $7-billion plan to boost public transit and invest in infrastructure, education and jobs is just getting off the ground.
The federal government says that