According to Statistics Canada, the manufacturing industry in Canada experienced a 2.5% increase in employment rates from 2023 to 2024, with a notable rise in the production of motor vehicles and parts.
The Conference Board of Canada reports that the manufacturing sector is expected to grow by 3.1% in 2024, driven by investments in advanced technologies and a rebound in global demand.
A recent survey by Monster Canada found that 60% of manufacturing employers in Canada plan to hire new staff in 2024, with the most in-demand jobs being in the fields of robotics, automation, and supply chain management.
The Institute for Research on Public Policy (IRPP) released a study highlighting the need for upskilling and reskilling in Canada's manufacturing workforce, as the industry shifts towards more automated and technology-driven production processes.
Indeed Canada reports a 15% increase in job postings for manufacturing roles in the first quarter of 2024, with the top cities for manufacturing jobs being Toronto, Montreal, and Vancouver.
A video by the Canadian Manufacturers & Exporters (CME) discusses the opportunities and challenges facing Canada's manufacturing industry in 2024, including the adoption of emerging technologies and the need for a skilled workforce.
IBISWorld Canada predicts that the manufacturing sector will experience a moderate growth rate in 2024, driven by a recovery in global trade and investments in innovative technologies.
The Government of Canada's Job Bank website provides an overview of the manufacturing labour market, including job trends, wages, and required skills, to help workers and employers navigate the industry in 2024.