Avoiding a dire future in 2025

Will Canada undergo ‘lost decade’ or become ‘northern tiger’?
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 04/24/2012

Canada could find itself in a less than ideal situation come 2025 without some major new strategies and policy changes, according to a study by the Human Resources Professionals Association (HRPA) and Deloitte.

It could face an era where the global recovery has dragged the country down, leaving it with high unemployment, low immigration, a skills imbalance and a heavy reliance on industrial materials. Or there could be a stark “have and have-not” society dividing knowledge workers and skilled trades from transactional-class employees.

“Despite (Canada’s) relatively enviable position, we must identify strategies that address the very real problems that continue to exist: the sustainability of our industries, the competitiveness of our firms, the quality of our employment, the inclusivity of our workplaces and our level of innovation,” said The Lost Decade, Unsustainable Prosperity or the Northern Tiger? CanadaWorks 2025.