Conservatives propose skills training, worker housing as youth unemployment reaches 15-year high
AI Article Summary
Conservative members in Canada are advocating for strategic investments in skills training and affordable housing for workers to address the spike in youth unemployment, which has reached its highest level in 15 years. MP Garnett Genuis emphasizes the need for the federal government to take more decisive steps in aligning post-secondary education with the labor market demands, particularly for skilled trades. The proposal aims to equip young Canadians with the necessary skills to thrive in high-demand fields.
What This Means for Canadian Contractors
For Canadian builders, this means there may soon be increased federal investment in training programs and housing, particularly those aimed at young workers in the trades. A focus on aligning education with market needs could help address labor shortages faced by the construction industry. Additionally, improved worker housing could expedite project approvals and enhance workforce stability, potentially moderating costs and improving project timelines.
