The field of opportunity in Canada’s traditional sectors

The field of opportunity in Canada’s traditional sectors

Young Canadians across the country are heading back to their post-secondary campuses this week. But as these students begin to consider the careers they’ll take on in the future, many will not be thinking about the emerging opportunities in our traditional sectors.

Our next great skills challenge in Canada is to connect our youth with these new opportunities in industries like oceans and agriculture. To do that, we not only need more skills mobility in our workforce, but more mobility period.

When I speak with young people about their future – especially around this time of year – I often encourage them to get on the road, by either spending time abroad or looking beyond the big cities in Canada for work placements. This not only gives young people exposure to new experiences to draw on, it also gives them access to new digital jobs in traditionally non-digital fields.

RBC recently cast light on one of oldest and most innovative sectors in the Canadian economy in a new report called Farmer 4.0.  

Our agriculture sector produces a lot more than the food we eat. It harvests tons of data that enables our farms to operate in efficient and environmentally sustainable ways. 

This new report – which showcases the ambitious people who are helping reinvent Canada’s agriculture industry – represents the latest in a series of studies we’re leading on the impact of automation on our country’s economy.

For young Canadians, a career in agriculture can be a field of opportunity with its diverse range of jobs across the country. But the sector needs more people with backgrounds in areas like engineering, computer and data science, environmental science, and human resources to help feed a fast-growing global population.

Indeed, sustaining Canada’s role as a supermarket to the world presents massive growth opportunities for us at home. So much so, the sector’s annual GDP could exceed $50 billion by 2030, up from about $30 billion today. 

To reach this target, however, we’ll need government, industry and education to come together to overcome a number of big challenges. 

The sector faces a severe labour shortage. We don’t have enough qualified people to take full advantage of the technologies available to producers. And Canadian investment in agriculture tech lags behind competing nations – a challenge we are facing in several of our flagship industries.

Our report offers a road map forward. We call for a national strategy to plan for future labour needs. Additionally, we need to tap new sources of labour to reduce shortages. We must accelerate industry-wide data governance standards to ensure our producers can access the best insights to grow into the future.

If we make the right moves, we can solidify and extend Canada’s leadership position in the world, create a more sustainable food system, and provide exciting career opportunities for Canadian youth.

Feeding our country – and the world – is an important calling. It’s something that has enabled our country to stand tall on the global stage for some time. Now we look to a new generation of digitally-savvy producers to take up the mantle. Their success will serve us all well.

Sulochana Basnet

Team Leader at Standard Chartered Bank Nepal

5 年

In addition, with this opportunity comes sustainability(we can feed more people), more and more production of organic goods and youth entrepreneurship in the field of agriculture.

MICHAEL WOO

Client Review Adjudication Associate at RBC: helping clients who experience financial hardship, seeking win win resolutions for clients and RBC. It is rewarding to know that clients can count on RBC.

5 年

My thoughts are to promote self sufficiency for growing our own food. As an institution or a business, we might supply the expertise for small scale organic farming, hydroponic; renting out spaces for family farming for their own individual family’s needs. This can also be in the midsts of an urban setting. Condos for farming not just residential. It is a concept to downsizing the scale.

Atiyah Ghauri

Team Leader at RBC

5 年

Oh wow! This is exactly the conversation I was having with my daughter who is heading To university next year and needs to choose a major..she said she wanted to study Agriculture!! I didn’t understand but this article nails it!

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Maryam Latifpoor-Keparoutis

Director Of Advancement @ University of Waterloo | Fundraising, Education

5 年

In order for us to mobilize youth and ensure economic development we need to provide the opportunities for education, both in the classroom and experiential learning from an early age. We need to work with families and educate parents as much. And we need to provide the opportunities in government, NGOs and industry/business for youth to learn, be mentored, fail, and innovate. The biggest investment any country could make is not in energy, or any particular industry, but in the education of it's youth.

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