09:01:58 EDT Fri 19 Apr 2024
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CA



General Motors Company
Symbol GMM
Shares Issued 1,451,677,428
Close 2017-09-22 U$ 39.37
Market Cap U$ 57,152,540,340
Recent Sedar Documents

Globe says GM, others warn of lack of high-tech talent

2017-09-22 08:08 ET - In the News

The Globe and Mail reports in its Friday, Sept. 22, edition that Ontario has so few available workers with high-technology skills that it would be a "big problem" if Amazon chose the province to host a second headquarters, a panel of business executives has warned. The Globe's Justin Giovannetti writes that mayors from across Canada have announced their intention to compete for the Seattle-based company's second headquarters, dubbed HQ2. Amazon has said the project would create 50,000 jobs and bring more than $5-billion (U.S.) in investment. A project of that size would soak up much of the skilled talent in Ontario's labour market, said General Motors of Canada president Stephen Carlisle. Companies are already struggling to hire workers with science or technology skills, he and other executives warned at a panel about increasing business productivity in Ontario. What if Amazon dropped in here? That would be a big problem. A happy problem on the one hand, because it's huge employment that's aligned with a very bright future. But, on the other hand, it would tend to crowd out, so I don't know that we've got the capacity or the capability to keep up, Mr. Carlisle said.

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