Workforce Development in a Global City

Toronto’s , Opportunities and Priorities 2011

What is Workforce Development?

2

04/0

8/20

23

Toronto’s Opportunities and Priorities: A Local Labour Market Update

3

04/0

8/20

23

Toronto Highlights

• A major economic engine of the country with 83,000 businesses

• Major employment clusters: finance and financial services, retail trade, arts and culture, tourism and hospitality.

• Manufacturing and construction account for a significant percentage of the economy.

• 2nd Greenest Canadian City in Leading the Fight against Climate Change (Global Financial Centres Index - GFCI 9)

• Toronto has the lowest risk in the world for employers to recruit, employ and relocate employees (Aon Consulting’s People Risk Index)

4

04/0

8/20

23

Labour Force Characteristics

• Population City of Toronto• Population: 2,615,060, (7.8% of Canada’s total

population)• Between 2006 and 2011, Toronto’s population

grew 4.5%.• By 2031 approximately 20.5% of the population

will be 65 years or older and the proportion of youth will be only half that of seniors.

5

04/0

8/20

23

Migration

6

04/0

8/20

23

Labour Force Characteristics

7

Source: City of Toronto

04/0

8/20

23

Unemployment rate

8

04/0

8/20

23

Higher unemployment rates for immigrants

9

04/0

8/20

23

Toronto’s Working Poor

10

04/0

8/20

23

Toronto’s Key Employment Sectors 2010-2011

11

04/0

8/20

23

Toronto’s Key Sectors to Watch

• PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES • FOOD MANUFACTURING • NON PROFIT• TOURISM AND HOSPITALITY

12

04/0

8/20

23

Professional, Scientific and Technical Services

13

04/0

8/20

23

Employment Overview

14

04/0

8/20

23

Food Manufacturing Sector

15

04/0

8/20

23

Non- Profit Sector

16

04/0

8/20

23

Employment Overview

17

04/0

8/20

23

Tourism and Hospitality Sector

18

04/0

8/20

23

19

04/0

8/20

23

Strategic Training Priorities

• Green Economy• Diversity• Changing Economic Landscape• Technological Change

20

04/0

8/20

23

Green Economy

21

04/0

8/20

23

Green Jobs• An estimated 13, 000 jobs have already been created and

a projected 40,000 more to come (Government of Ontario)

• 400 new jobs created in Newmarket due to the opening of a production line for solar panel components by Flextronics

• Sungrow Canada Inc.’s new headquarters in Vaughn has created 50 new jobs in manufacturing, research and development, and technical support services for solar voltaic inverters.

• Sieman’ s solar manufacturing facility in Burlington started with 10 jobs and 50 more are expected to come within the next 5 years.

22

04/0

8/20

23

Green Skill Training Programs in GTA

23

04/0

8/20

23

Green Themes of Skill Building Programs

24

04/0

8/20

23

For more information

www.workforceinnovation.caPhone: 416 934 1653

Fax: 416 934 1653Address: 215 Spadina Avenue, Suite 350

Toronto, ON, M5T 2C7

25

04/0

8/20

23