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Skills shortage among top 10 barriers to competitiveness for 2014

The Canadian Chamber of Commerce has unveiled its “Top 10 Barriers to Competitiveness for 2014″, and the skills shortage topped the list.

Written by MA Staff

The Canadian Chamber undertook this initiative two years ago to draw attention to the barriers that are holding back Canada’s progress, and to urge all levels of government to act more swiftly to improve Canada’s ability to compete globally.

Addressing the top 10 barriers to competitiveness will go a long way towards restoring Canada’s competitiveness, the Canadian Chamber said. It is calling on its own membership, governments, educators, labour organizations, and others to tackle and overcome these barriers.

“We have a choice,” added Beatty. “Either we act urgently to improve our competitiveness or we will pay a high price in lost jobs and prosperity. Working together, we’ve started to address these problems over the past two years. The challenge for 2014 is to build on this progress and start closing the gap between Canadian businesses and our international competitors.”

In addition to skills shortages, the other barriers in the top 10 include: uncompetitive travel and tourism strategies; inadequate plans for addressing deficiencies in public infrastructure; policy and regulatory barriers to success in global markets; internal barriers to trade; a complex and costly tax system; lack of clear sustainability policies; a shortage of economic development tools for businesses in Canada’s territories; inconsistent regulatory policies between Canada and the U.S.; and insufficient support for innovation in Canadian manufacturing.