S4 Ep. 05: Insights from Magnet Network Live

In this bonus episode of the Future Skills Podcast, new host Jeremy Strachan dives into highlights from the Magnet Network Live event held in Toronto in October 2024, where leaders gathered to address Canada’s talent, training, and skills challenges. The episode features insights on AI, productivity, and Canada’s “12/21 problem,” where outdated learning models fall short in a 21st-century workforce. 

Key discussions focus on the need for risk-taking in business, the importance of social and emotional skills, and the critical role of trust in the workplace. Strachan also explores immigration’s role in Canada’s future, barriers faced by international students, and the impact of the Future Skills Centre’s efforts to foster an inclusive economy through innovative partnerships and initiatives across Canada. 

Background 

On October 23 and 24, 2024, Magnet Network hosted a two-day networking and knowledge-sharing event in Toronto’s distillery district. Featuring an array of speakers who are thought leaders, policymakers, and visionary idea accelerators in the skills ecosystem in Canada, Magnet Network Live (MNL) was a key forum for stakeholders to meet and hear insights on the pressing issues related to training, workforce development, and productivity in Canada. 

Conference Board of Canada was there in two capacities. Michael Burt, VP, was featured in a session alongside Candice Faktor, CEO of Disco, in a “fireside chat to explore why businesses are holding back on critical investments and how innovative learning models can shift this dynamic.” Jeremy Strachan, SRA, attended to record live audio as content for this episode. Content interviews and ambient and atmospheric textures of the event.

Canada’s productivity puzzle remains unsolved, and a combination of skills waste, talent mismatch, and forecast labour shortages in key sectors like the skilled trades and the green economy are set to exacerbate our problems. MNL is one-of-a-kind event where attendees will hear from some of the best ideas on how to maximize our talent pool resources.

Guests

• Noel Baldwin, Executive Director of the Future Skills Centre 
• Michael Burt, Vice President of the Conference Board of Canada 
• Mark Patterson, Executive Director of Magnet 
• Emily Madden, Senior Director of Magnet 
• Ashok Kasilingam, CEO of M2M Tech 
• Erin Rose, Senior Research Associate, Conference Board of Canada