Canada seems perpetually fixated on the “knowledge economy,” no matter the political stripes of the government in power. Budget 2017 will roll out the Innovation Agenda, where significant funds will be dedicated to supporting “super clusters” around the likes of aerospace, cyber security, or nanotechnology. Policy-makers wish to prepare job markets for disruptions that will stem from automation, artificial intelligence, 3D printing, and the industrial internet. The skills for the future? If you believe the pundits, they are coding, sales talent, and everything digital. Is Canada’s economy of the future a place where the skilled trades will survive, let alone thrive?
This is an important question, especially at a time when the trades are facing a demographic deficit - the number of those about to retire far exceeds the number of new entrants into these vitally important professions. If our economy is shifting, how much emphasis do we really need to place on filling predicted shortages and attracting more young people to the trades? The answer might surprise you. In Canada’s future economy, the skilled trades are going to matter more than ever. So we need to make significant and sustained investments in attracting our best and brightest talent to these professions, the same way we do for the best and brightest knowledge workers.
Why the skilled trades will matter more than ever in the future.
While we focus so much on the digital space, we can’t forget that Canada is about to make massive investments in physical infrastructure. The newly proposed Canadian Infrastructure Bank will see our federal government put up $35 billion dollars in hopes of attracting at least four to five times that amount from the private sector – global or national, to be invested in large infrastructure projects across the country.
Yet, it's unclear whether or not we have the human capital capacity to complete these projects at present. Some estimate that within ten years Canada will face a shortage of 250,000 individuals in the construction trades alone. If Canada is going to invest heavily in infrastructure, we must ensure we make equally strong investments in training talent that is going to build it.
We may also see a push for Canada’s infrastructure of the future to be “smart”. That is, built with integrated information and communication technologies (ICT) and internet of things (IoT) capabilities. For example, streets could be embedded with sensors that speak to smartphones optimizing commute times and traffic flow. Making cities smarter is going to require much skilled talent: heavy equipment operators, electricians, and concrete finishers. And these folks are going to have to be able to collaborate with other professionals from a range of disciplines: engineers, architects, and environmental scientists.
The digital environment
Be it through the adoption of automated technologies, moving our work to virtual spaces, or the increased use of cloud based software, our work environments are increasingly digital.