Northern Projections: Human Capital Series - Cochrane District
July 25, 2019 | Dr. Bakhtiar Moazzami
Northeastern Ontario covers approximately 276,124 square kilometres and recorded a population of 548,449 in 2016. Increasing levels of youth out-migration, declining fertility rates, and lower levels of immigration have resulted in a skewed age distribution towards an older population than that of Ontario. The population will continue to age in the foreseeable future, with implications for healthcare costs, supply of labour, production capacity, and the ability of the Northeastern Districts to remain economically viable.
The purpose of this report is to analyze demographic and labour market trends in Northeastern Ontario and Cochrane District. Both past and current trends are examined, as well as projections into the future. This report is an update to a previous report published in 2017 but with updated information using 2016 census data, as well as additional sections including sector-specific projections for future labour market demand.
The report offers three key recommendations to promote the long-term sustainability of the district:
1. Implement a well-rounded migration strategy.
2. Enhance Indigenous labour market participation.
3. Leverage industrial clusters to identify new opportunities.