More integrated relationship between post-secondary institutions and industry can boost Canada’s lagging productivity
As Canadian businesses recover from the effects of COVID-19, the productivity and skills gap twins have re-entered the conversation.
According to the Organization for Economic Co-operation and Development (OECD), Canada continues to have low productivity scores. Our GDP forecast currently sits below the world average, and that gap is projected to increase over time. Meanwhile, disruptions due to technology, changing market demands and environmental, social and governance initiatives create hiring and retraining challenges for businesses.
