Canada is transitioning from a resource-based economy to a knowledge-based economy. This change is necessitated by ongoing macroeconomic and technological advancement and disruption. The downward pressure on prices of oil and other resources for example has constrained growth potential of the Canadian economy. This disruption increasingly looks like a secular trend rather than the temporary aberration originally foretold by some industry leaders. In the era of this “new normal”, Canada needs to find new ways for growing and ensuring prosperity for future generations of Canadians. This goal can be best achieved, or at least bolstered, by the development and deployment of an efficient and productive workforce which can confidently compete in a globalized economy.
The development of Canada’s human resources is a prerequisite for achieving its full potential and ensuring sustainable long term prosperity of all Canadians.
Canada needs to dream big and to realize its full potential. The development of its human resources is a prerequisite for achieving this goal and ensuring sustainable long term prosperity of all Canadians. The future prosperity of Canada depends on the quality of human resources rather than on the abundance of natural resources. Efficiency and Productivity are two main attributes of high quality human resources. The terms efficiency and productivity although, often used interchangeably, have distinct connotations. However, their drivers overlap. The focus of this report is on these drivers at macro (economy) level rather than at micro (firm) level.
CPHR Canada represents a collaborative effort of human resources associations from across Canada. The Human Resources Member Associations of CPHR Canada include CPHR British Columbia & Yukon, CPHR Alberta, CPHR Saskatchewan, CPHR Manitoba, CPHR New Brunswick, CPHR Nova Scotia, CPHR Newfoundland, and CHRA (Quebec)