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The manufacturing sector is at a crossroads. Labour shortages, high turnover, absenteeism and workforce burnout are draining productivity levels. According to recent studies, 80 per cent of Canadian manufacturers face skilled labour shortages, costing the sector over $13 billion annually in lost contracts and delayed investments. What’s more, Canada ranks 18th out of 38 OECD countries in productivity – a statistic that should alarm any manufacturer seeking global competitiveness.
Here's how Canadian manufacturers can stay competitive in a world where workforce challenges threaten to slow their operations, and undermine productivity.
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