According to Statistics Canada, the manufacturing sector is expected to experience modest growth in employment rates by 2024, driven by increased demand for Canadian goods.
The Conference Board of Canada forecasts that the manufacturing sector will create over 10,000 new jobs in 2024, with a focus on high-skilled workers in the aerospace and automotive industries.
Canadian Manufacturers & Exporters predict that Ontario and Quebec will lead the country in manufacturing employment growth in 2024, with a combined increase of 5%.
Researchers at McGill University's Desautels Faculty of Management have released a report highlighting the impact of automation and AI on manufacturing employment in Canada, predicting a shift towards more skilled and tech-savvy workers by 2024.
TD Economics predicts that Canada's manufacturing sector will experience a 2% increase in employment rates by 2024, driven by a rebound in the energy and forestry sectors.
The Business Development Bank of Canada (BDC) has released a report outlining the key trends and predictions for manufacturing employment in Canada, including the growth of e-commerce and the importance of digital adoption by 2024.
RBC Economics forecasts that the manufacturing sector will drive economic growth in Canada, with employment rates expected to increase by 1.5% in 2024, driven by a strong US economy and a low Canadian dollar.
Trading Economics provides historical data and forecasts for manufacturing employment in Canada, predicting a steady increase in employment rates by 2024, driven by a growing economy and government investments in the sector.