In my visits to Burlington manufacturers and through economic roundtables I have hosted in the community, I have heard one thing loud and clear from local businesspeople: The skills gap is real and so is the need to reach a solution.
The Conference Board of Canada estimates the skills gap is costing Ontario a staggering $24 billion annually in lost economic activity. Our skills shortage will only intensify as baby boomers exit the workforce and other jurisdictions compete for the most talented.
Yet for the past five years, Ontario’s youth unemployment rate has been at or above 15% – twice that of the general population. One in six young people are stalled on the starting blocks, losing ground and losing hope.
It doesn’t have to be this way.
We need to create more effective links and synergies between our ...