Looming on the horizon

Comprehensive workforce strategies to prepare for imminent wave of retirements
By Frank Remiz
|Canadian HR Reporter|Last Updated: 10/17/2016

Many large organizations, particularly government, are facing somewhat of a crisis as they face an imminent wave of retirements.

Entire ministries, such as Environment and Climate Change Canada, were created in the 1960s and 70s, and this led to large-scale hiring. But, over time, that workforce has aged.

“One in five managers is able to retire in the next three years,” said Deb Matthews, deputy premier of Ontario, in late 2015.