Opinion: To build Canada, we need to build up the trades
AI Article Summary
The article discusses Canada's poor per-capita GDP growth, currently the weakest among OECD countries. It argues that bolstering the trades is crucial for rebuilding Canada's economy and countering the negative trends of what could become a 'lost decade'. The author suggests a focus on enhancing trade education and opportunities as a pathway to economic improvement.
What This Means for Canadian Contractors
For Canadian builders, this means that there is an urgent need to address skill gaps in the labor market by investing in vocational training and apprenticeships. Strengthening the trades could lead to more efficient project timelines and reduced labor costs. Additionally, this focus could align with government incentives aimed at improving economic growth, potentially influencing permit approvals and funding availability.
