According to Statistics Canada, the manufacturing sector is expected to experience a moderate decline in employment rates by 2024, with a projected loss of 1.3% of jobs.
The Conference Board of Canada forecasts that the manufacturing sector will see a slight increase in employment rates by 2024, driven by growth in the aerospace and automotive industries.
Trading Economics predicts that Canada's manufacturing employment will grow at an annual rate of 0.5% by 2024, driven by investments in advanced technologies and innovation.
Researchers at McGill University have published a study on the future of manufacturing in Canada, highlighting the need for upskilling and reskilling of workers to adapt to emerging technologies and changing employment trends by 2024.
The Business Development Bank of Canada (BDC) reports that the manufacturing sector is expected to experience a shift towards more skilled and knowledge-intensive jobs by 2024, with a focus on innovation and technology adoption.
IBISWorld forecasts that the Canadian manufacturing sector will experience a decline in employment rates by 2024, primarily due to automation and outsourcing trends.
Canada Mortgage and Housing Corporation (CMHC) has released a report on the manufacturing employment projections for 2024, highlighting the importance of addressing labour shortages and skills gaps in the sector.
A video by the Canadian Broadcasting Corporation (CBC) explores the impact of artificial intelligence on manufacturing employment in Canada, featuring expert insights and forecasts for 2024.