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01:16 PM on 12/03/2012
It is sad that a Company like the CIBC wants to point it's finger at a Job shortage issue without giving any idea's, concepts or heaven forbid a Plan. Let's say that some of the rediculous Profits the CIBC makes (without adding any Value) could be translated into a nice "Apprentiship for the Future" program. Can you imagine a Bank being associated with investing Back into it's own Countries well being, instead of just sitting on the fence pointing fingers and hoping that this downturn won't hit the ledger. One thing is for sure unless somethings change in the Marketplace very shortly, where all the various Corporations, Union's and Governments start to work together, instead of just pointing fingers were all going to be in for a long old rough ride.
01:04 PM on 12/03/2012
More training for the under-employed? Who pays for this? As far as the natural resources extraction biz is concerned HD Mining seems to have the solution. Import foreign workers and pay them less then the going rate.
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DoctorHorror
01:19 PM on 12/03/2012
Corporations - they horde tax breaks, make them pay!
02:43 PM on 12/03/2012
FIPA with China Inc presents a third alternative. Chinese State Corps. employ Conscripts and pay them Nothing, thus maximizing the return to China Inc. Sort of an Enforced Govt Savings Plan, and a convenient way to Silence Dissidents. No need to employ Canadians in Resource Industries owned by China Inc.
03:53 PM on 12/03/2012
Scary thought.
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cityprole
old,sly, crafty,arty, leftie
12:55 PM on 12/03/2012
The days of businesses training prospective employees, or at least assisting with their educational costs, are apparently well and truly over...which is ridiculous..businesses expect BAs or MAs to appear out of nowhere and work for peanuts, while the 'unskilled' labour workers languish without jobs...does no one connect the dots anymore?
As an experienced retiree who looked in vain for a part time job for two years before accepting the facts, I can empathize with those who are gazing at a bleak future if something isn't done, and soon...the Feds should also be sponsoring more apprenticeship-type programs for business as well as construction skills..fewer and fewer can afford college or Uni any more..
This comment has been removed due to violations of our [Guidelines]
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Christopher Holt
12:39 PM on 12/03/2012
Maybe follow Cuba's example and have free education...maybe then we'll have enough trained people. Help subsidize living costs as well..lets train our people after all what's this society for..our people in general or a select few?
04:56 PM on 12/03/2012
In Cuba you find men with degrees in Engineering and even Accounting working as bar tenders bcause only the jobs in the resorts give them access to tips from foreigners. It is not unusual in Cuba to have someone with 2 degrees waiting on you.
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Christopher Holt
12:14 PM on 01/29/2013
This is true due to the 50 year US embargo and war status placed against Cuba which has made it almost impossible to build an economy. There is no way the US will allow a successful communist state to survive much less one 60 miles off its coasts.  But that imposed poverty hasn't stopped the Cuban government from providing free education and healthcare to all its citizens. That's a value they hold and promised to their citizens. A country at a state of war ( which is the case with the embargo and the consistent undermining of Cuba by the US) it is almost impossible to develop a strong economy. 
12:24 PM on 12/03/2012
As a university student I see countless students go into fields that have no demand, teaching, fine arts, etc. Not because they purposely want to be unemployed but because that's what they dreamed of becoming when they were kids or just fell in love with it, as kids we were taught to go after our dreams, but our dreams are sadly far from dreamy in the real world, this is the root of the problem, no one grows up and says "I want to be plumber or oil worker", they say "I want to be a teacher, a musician, a pilot" sadly these careers are already swamped.
02:49 PM on 12/03/2012
GOOD POINT Lets Deflate this Bloated Academic Pretension. Academic Learning can be had without Academia. Job Training isn't Rocket Science unless you are Werner von Braun.
03:25 PM on 12/03/2012
I am not sure you understood the article at all...they are actually saying the opposite of what you are spewing. There are a lot of jobs for those trained at the University or college level...but none for those who are not trained at the higher levels.
04:23 PM on 12/03/2012
Actually people in higher education, arts, social sciences and humanities do wind up doing quite well. Those forms of education tend to produce the most professionals and post-graduate degrees, frequently earning six figures. Lawyers, MBAs, management, etc...

Plumbers and oil workers, on average, do not manage as well over their lifetime. If you look at the first five years after graduation, an in-demand college certification is useful, but over a lifetime wages stagnate, and you are extremely vulnerable to economic shocks, immigration waves, and automation. Meanwhile, critical thinking and communication never become obsolete.

If you really want to fix the system, one of the biggest pieces of the solution is fixing the huge wage disparities between professional and managerial jobs and college trained or untrained jobs, as well as keeping workers trained and updated over their lifetimes. Then people might consider it an honorable profession to do plumbing.
05:00 PM on 12/03/2012
Well kids these days with the increasing costs for tuition don't have time to wait until they get six figures, they have to pay loans. However, the market sets the prices for jobs, eventually these plumbing jobs wages will increase, and more people will want to be plumbers, that's just the nature of things, we shouldn't be worrying too much about labour shortages, the market will sort itself out, as for this article, it states the obvious, if more people can't find work it means the standard of living will go down, obvious, the main thing this article is telling me is that i'm going to have to pay the plumber a bit more next time he visits, and gas prices will go up because they have to pay their workers more. 
12:09 PM on 12/03/2012
These reports actually distort the reality of the situation.

1. They never mention the salary levels these jobs facing "dire shortages" are offering. What employers actually want is skilled workers, but at unskilled worker salary levels. In the end, it's about driving down wages for everyone.

2. Ever notice how businesses demanding skilled workers never offer to bear the cost themselves? We accept that all the risk in paying for training should be carried by the employee, not the business that needs them. All that means is employees burdened with debt and willing to take lower-paying jobs to work it off.

3. Just because there are shortages in these areas now, doesn't mean there will be continued demand in the future. 10 years ago they couldn't find enough web developers - now that field is so over-saturated everyone and their brother has a sideline in writing webpages. Meanwhile the "traditional" occupations like health aren't going anywhere even if there are a lot of workers trying to get in. It's shortsighted to demand huge investments in areas of present need without a good understanding of the future.
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12:03 PM on 12/03/2012
According to Tal, Ottawa has focused too heavily on bringing in immigrants and foreign workers to fill job shortages and needs to do a better job of training out-of-work Canadians to get them into new occupations.....Exactly, and the increase in some apprentices was combined with a change in apprentice to journeyman numbers( 1 apprentice to 4 journeyman, to 1 to 1 ) which is not only unsafe, but allows employers, to hire less journeyman for lower paid untrained apprentices.
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Diesel69
11:56 AM on 12/03/2012
This comes from a bank which make billions every month and pays its Ceo`s ka-billions----

How about starting at the top and next quartier we see your billions givin back to the people you have stolen from and make an equality of our society----
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turkeylurky
Just keeping it real.
12:41 PM on 12/03/2012
Wow.. Sounds like good advice.
The CIBC should give all its profits back to the "people you have stolen it from".
And I assume that would hold equally true for all other Banks and large corporations.
But let's take your CIBC example. The profits would go to the people and not the owners, right?
But most of the ownership shares are held by ordinary people and pension funds.
As one example, the Canada Pension Plan (CPP) holds 3,500,000 shares of CIBC. At $80 per share, that's $280 million. What do you think CIBC shares would be worth if all the profits were redistributed back to customers?
What do you think all the equities in the CPP would be worth if all companies did that?
And that's just the CPP plan. All pension plans (particulary those defined benefit plans for public employees) would be wiped out. Pension plans would be kaput.
Are you willing to forego your Canada Pension plan and any other pension plan you belong to when you retire?
No? Didin't think so.

The problem with you lefties is that you never think things through and seem to be oblivious to the consequences of your stupid ideas.
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sacer
Perfidious parrot.
01:05 PM on 12/03/2012
Get me the Gravol.
01:19 PM on 12/03/2012
Considering that the CPP public equities only equal 33.2% of their investments, your argument doesn't hold water that banks and corporations paying their fair share would lead to the CPP being wiped out. Nice try though, I mean I know how much you righties hate facts and all.
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stopgeorge
Paper Ballots WORK. Unverifiable e-voting doesn't
11:52 AM on 12/03/2012
My wife is a social worker and, in British Columbia, there has been a government freeze in this area. So, in B.C. for social workers -- this report is wrong.