This document discusses the transition from the old industrial economy to the new knowledge economy and the challenges this presents for newcomers to Canada. It notes that work in the new economy is more fluid, focuses on sharing knowledge, can be done remotely, and offers less job security. Newcomers face challenges integrating due to interconnected settlement issues and lack of support. The document argues for a transformational approach that provides holistic support through learning communities and networking to help newcomers develop skills for the new economy and engage in their communities. This approach would benefit newcomers, businesses, communities and the economy.

1. Canadian Newcomers in a New World of Work CANNEXUS 2007 National Career Development Conference April 16 - 18, 2007 Toronto, Ontario. Khaled A. Islaih Settlement Worker Brampton Multicultural Centre Brampton – Ontario

3. Old Economy (Industrial Economy ) PRODUCTION MANAGMENT MARKET Physical assets / labor Industrial firms Standard skills Degrees Slow changes Stable job Resource management Hierarchies Command and control Conflict of interest Long life-cycles Manufactured products Local /national Price / quality

4. New Economy (Knowledge Economy) PRODUCTION MANAGMENT MARKET Knowledge and ideas Knowledge firms Knowledge workers Fast changes Unpredictable jobs Life long-learning Process management Network structures Shared authorities Teamwork Short life-cycles Fast changes Knowledge products Global Innovation