The document discusses how a modern knowledge economy requires a highly skilled workforce through education and continuous training. It states that the solution to economic crises is an educated workforce with increased labor participation. This solution also includes continuous investment in worker skill development and training through lifelong learning programs. The government should work with schools, workers, communities, and firms to implement optimal policies that improve economic productivity and competitiveness through education and skills training.

2. Modern knowledge
economy demands a
highly skilled and
educated work force

3. The solution to a global economic crisis requires
an educated and competent workforce with
increased labor force participation

4. The solution also includes continuous investment in the worker’s
skill development and training. The government should invest in
life long learning and skill development. The government,
schools, workers, community, and firms need to work together
for optimal policy implementation, economic productivity and
competitiveness.

5. References
Sharpe, A. (1990). Training the work force. Statistics Canada.
Goldenberg, M. (2006). Imployer Investment in workplace learning in Canada. Canadian Policy Research Networks.
Barker, K. (1994). Background Paper: CLFDB Training Standards Project. Ottawa: CLFDB
Parrot, J. (1998). Training and Canadian labor. Canadian Labor Congress.
Padidar, T. (2012). Training the workforce: How Canada measures up in skills and job training. HR Voice Conference.
Miner, R. (2005). Canada’s labor market: jobs with a future. Miner and Miner Limited.