Investment in human capital has always been essential to Canada’s economic prosperity, but education and training will be especially important in the coming years. Over the next decade, Canada will be subject to a combination of demographic forces: population aging and slower labour force growth. As Halliwell has noted, increased immigration ows will do little to offset these signi cant forces (2013). We must therefore improve labour productivity simply to sustain our current standards of living.
Drewes and Meredith call for an ambitious pan-Canadian adult education and training strategy centred around three key reforms:
1) Improving labour market information and research to better understand the unique needs of adults, including the development of a permanent adult education and training survey;
2) Developing a comprehensive, income-contingent loans system targeting older adults; and
3) Overhauling provincial apprenticeship systems to make the learning process and the capacity of training institutions more similar to those in the post-secondary education system.
Chosen excerpts by Job Market Monitor. Read the whole story at If at First You Don’t Succeed: Toward an Adult Education and Training Strategy for Canada