Canada’s tech talent shortage to remain in 2024

Globally, developing countries including Canada, the US, and Australia are experiencing skilled tech talent shortages across key sectors, and these shortages are predicted to remain in 2024 and well into 2025.

 

The Overall Picture

The Information and Communications Technology Council (ICTC) sheds light on Canada's need for an additional 250,000 jobs in the digital economy to meet a targeted goal of filling 2.3 million IT roles by 2025. These roles span critical sectors such as telecommunications, energy markets, transport, education, health, and retail.

The Challenge

Addressing this shortage requires strategic thinking. While policies like 3-year work permits and support for remote tech teams have been instrumental, attracting migrant workers alone might not provide an immediate solution. The telecommunications industry, for instance, faces imminent challenges like massive fiber deployments which demand swift responses.

The Solution

Establishing remote teams with the help of third-party expertise is a far more immediate solution. From data analysts to AI specialists, the demand for skilled professionals is met efficiently. However, the challenge extends beyond recruitment. Another challenge is to skill up qualified employees to meet the fast-paced changes being faced today. Opting for a third party with expertise in establishing, supporting, and expanding digital remote teams presents a holistic solution. This approach allows businesses to focus on their core competencies while ensuring they have immediate access to the right talent to tackle current and future challenges.

By entrusting the third party with responsibilities ranging from hiring and onboarding to training, mentoring, and providing necessary infrastructure, businesses in Canada can navigate the tech talent shortage. Regardless of the remote team's location worldwide, this approach enables businesses to concentrate on their strengths, leaving the processes and systems around supporting remote teams to the third-party experts.


About Sharesource

We are a BCorp company whose purpose is to democratise opportunities for individuals from developing countries. We have partnered with global leaders in Australia by sourcing and supporting remote tech teams from Vietnam and the Philippines. Over this time, they have used their knowledge of each country's customs and laws to give skilled tech talent meaningful work that addresses ‘real world’ problems.

Sharesource now has an office in Canada, providing the same skills and expertise to Canadian businesses who are looking to fill in-demand tech positions that can give them a competitive edge.

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