Canadian firms not investing enough in training: report

Canadian firms spent $768 per employee in 2001, American firms spent $1,137
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|hrreporter.com|Last Updated: 11/25/2003

C

anadian organizations spent less than forecast on training and development in 2001 and do not project future increases, according to the Conference Board of Canada.

The board said countries that invest in learning produce workers who are more innovative and competitive in the global knowledge economy, but Canadian firms do not fare well in employee training investments compared to other countries.