A recent study by Canadian Skills Training & Employment Coalition (CSTEC) and Canadian Manufacturers & Exporters (CME) reveals that 75 percent of manufacturers expect their business to grow over the next three years, but 86 percent of manufacturers are finding it challenging to hire the skilled workers that they need. This shortage is expected to worsen over the next 10 years, as manufacturers will have to replace over 22 percent of their workforce due to retirement.
The joint labour market initiative between CSTEC and CME is well underway. Five labour market information (LMI) reports have been produced on the following regions: Saskatoon/Regina, Sault Ste. Marie, Toronto, Hamilton and Winnipeg. To access the reports please click here.
The future of Canadian manufacturing growth will be impacted by a shortage of skilled workers. A recent study of manufacturers across the country by Canadian Skills Training & Employment Coalition (CSTEC) and Canadian Manufacturers & Exporters (CME) found significant growth challenges related to skills shortages, training and succession planning.
Canadian Skills Training and Employment Coalition (CSTEC) has launched an initiative to produce Labour Market Information (LMI) that will help the manufacturing sector develop strategies to address skills, training and human resources planning issues. A similar initiative has been launched by Canadian Manufacturers & Exporters (CME). The two initiatives will collaborate in a joint project to produce effective, detailed, and regionally based LMI for the manufacturing sector across Canada.
The Ministry of Economic Development, Trade and Employment (MEDT) recently granted CSTEC with funding under the Youth Jobs Strategy. CSTEC’s objectives will be to expand an existing regional training consortium, the Hamilton Skilled Trades Apprenticeship Consortium (HSTAC), by recruiting additional employers, increasing the number of apprenticeship work term offerings, helping expand the range of training offered, and promoting youth participation in skilled trades training.
CSTEC has officially changed its name from the Canadian Steel Trade and Employment Congress to the Canadian Skills Training and Employment Coalition. The organization will continue to provide innovative, multi-stakeholder solutions to training related problems faced by employers and unions. Its mandate has broadened so that it can serve a wider range of sectors such as manufacturing, mining and forestry sectors.