Corporate Research Associates CEO Don Mills

Newfoundland Labrador: Anxious times for trades school students and unemployed workersN.L. to lose 24,000 jobs over next three years China slump spells more cuts, more taxes, economist says Don Mills said despite those job losses, there still needs to be an emphasis on increasing immigration to Newfoundland and Labrador, and the rest of Atlantic Canada. "Just because there an oversupply in one part of the economy does not make up for the problem that Newfoundland and Labrador and the rest of the region faces," he said, according to CBC. Corporate Research Associates CEO Don Mills says Newfoundland and Labrador needs to look at ways to increase immigration, despite an expected loss of 24,000 jobs over the next three years. Government Labour Market Outlook for 2025 said the province can expect to lose about 24,000 jobs over the next three years, but estimated an increase of 64,000 jobs in the next decade. Mills said the expected removal of baby boomers from the workforce by 2030 could spell bad news for the province, mainly because there not enough people to fill those jobs. "Because you have an oversupply in one part of the economy does not mean that you're out of the woods in terms of the requirement for more people to keep the economy going." According to Mills, one of the challenges for immigration in the province is attitude. "We know from our own research that because this area been chronically faced with high unemployment for decades that there is always pushback for the fear that somebody from some other place will take a job away from somebody who lives in the region," he said. "The other barrier that we face is that we really have very little experience with diversity in Atlantic Canada … in Newfoundland only about three or four per cent of the population were born in another country. Future not so bright for piping trades apprentices, union says People in N.L. 'a little delusional' about state of economy: Don Mills "The population in Newfoundland a lot smaller than it was 20 years ago, so a lot of people certainly left for better economic opportunities," he said. "They're now skilled in different professions and a lot of them will want to come back, so there two real sources of increasing the labour force." Do a better job at forecasting' Mills said one of the biggest challenges the province will face is the economy itself. In Canada, that number is 22 per cent and in Toronto it 50 per cent." Mills added the province also needs to put an emphasis on bringing back people who left for work decades ago. (www.immigrantscanada.com). As reported in the news.