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Top 5 Challenges
1. Skills Shortage
Skilled shortage province wise
Express entry System as Recommendation
2. Innovation
3. Globalization
4. Work Stress
3. Globalization Version 1
The act of globalizing i.e., extending to other or all parts of the world.
Globalization is a process of interaction and integration among the people,
companies, and governments of different nations, a process driven
by international trade and investment which is aided by information
technology.
According to a research by the Economist Intelligence Unit, companies will
become larger and more global in the next ten years, handling operations in
more countries than they do today.
Despite rapid expansion, they will also be more globally integrated, with
better information flow and collaboration across borders.
Any casual survey of the world today will confirm that nations relatively
open to trade tend to be more prosperous than nations that are relatively
closed. The wealthiest nations and regions of the world- -Western Europe,
the United States, Canada, Japan, Hong Kong, Taiwan, South Korea and
Singaporeare all trade-orientated.
References
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http://www.globalization101.org/what-is-globalization/
Brown, W. (2011, November). Statistics Canada Research Paper on Global Links,FDI and Wages.
Retrieved from statscan: http://www.statcan.gc.ca/pub/11-622-m/11-622-m2011021-eng.pdf
Cardillo, C. (n.d.). FACT - Measuring Economic Globalization. Retrieved from Statscan:
http://www.statcan.gc.ca/pub/67f0001m/67f0001m2001021-eng.pdf
Carney, M. (2008). Retrieved from http://www.bankofcanada.ca/2008/02/implications-globalizationeconomy-public-policy/
EIU. (2012). Economic Intelligent Unit. Retrieved from EIU Canada:
http://store.eiu.com/product.aspx?pid=480000248&gid=1490000149&pubid=1690002369
Grisowold, D. (2000). Commentery Cato Publication. Retrieved from Cato:
://www.cato.org/publications/commentary/blessings-challenges-globalization
Mcmillan, K. (2008). The Conference Board of Canada. Retrieved from
http://www.conferenceboard.ca/elibrary/abstract.aspx?did=2573
Sun, E. (2013). Canada must face Globalization. p.
http://www.vancouversun.com/business/Canada+must+face+globalization+head/8283329/stor
y.html.
Yan, J. B. (2014, March). Statstics Canada - Global Value Chains and the Productivity of Manufacturing
Firms. Retrieved from Statscan: http://www.statcan.gc.ca/pub/11f0027m/11f0027m2014090eng.pdf