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  • Atlantic Canada’s Untapped Economic Engine: Our Youth

    Atlantic Canada’s Untapped Economic Engine: Our Youth

    Over the last 5 years, Atlantic Canada has seen significant changes in youth unemployment. In New Brunswick, Newfoundland and Labrador, and Nova Scotia, the unemployment rate was high during the pandemic, then began dropping, it is now climbing back up again while Prince Edward Island’s continues to fall. Recently there has been public discussion that the uptick in youth unemployment is attributable to higher levels of immigration, however, that argument holds little weight. While the youth unemployment rate continues to rise, the total number of non-permanent residents in Atlantic Canada has decreased since the beginning of 2025 and the entire region’s total population grew by 2,301. Without immigrants choosing to move to Atlantic Canada, we wouldn’t have had the modest population growth, we would have had population decline.

    Instead of blaming immigrants for this issue, we should turn to the policies and external factors that are shaping the economic landscape. Tariffs, automation, high interest rates, and stubborn inflation continue to be ongoing factors that are heavily influencing economic conditions. But challenges come with opportunities to unlock Atlantic Canada’s economic potential in partnership with our youth.

    Atlantic Canada’s NEET (Youth Not in Employment, Education, or Training) rate has been historically higher than the national average. The NEET rate is representative of youth ages 15 to 29 who are disengaged from the labour market and educational systems. There are many reasons that a young person would fall into this category, and each case is different!

    Reducing youth unemployment isn’t something that can be done overnight, I believe meaningful steps can be taken by community groups, investors and government to lower these rates. Canada’s Youth Employment Skills Strategy programs were found to improve youth employment after the pandemic should be reinvigorated with specific programs to meet the needs of Atlantic Canadians. It’s not enough to roll out generic job programs and hope they stick. We need targeted investments that measure success and failure before the investment is made again.  If we’re serious about lowering youth unemployment, we also need to tackle the barriers that keep them out of the workforce in the first place: lack of affordable housing, inadequate public transit, and gaps in mental health and addiction supports. One such program is the YWCA’s Ready for Launch Program that is currently offered in NL, Halifax and Moncton. The ACC recently participated in this program and had great success!

    We can’t expect young people to show up for work or school if we don’t meet them where they are. This isn’t just a labour market issue—it’s about creating a region where young people feel they have a future worth staying for. If we want youth to build their futures in Atlantic Canada, we need to build a region that supports. That starts with policies that reflect their realities and invest in their potential.

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    Truth and Reconciliation

    Recognizing the importance of education, the Chamber encourages businesses to provide comprehensive training for management and staff on the history of Indigenous peoples, including the legacy of residential schools, Indigenous rights, and Aboriginal-Crown relations. Emphasizing intercultural competency, conflict resolution, and anti-racism, these efforts aim to foster a more inclusive and harmonious corporate environment rooted in mutual understanding and respect. Learn more click here

                                                                                                                                               

                                                                                                                    

                                                                                 Marcus Gosse (ᒪᕒᐠᑲᐢ ᐧᑲᐢ) is a Newfoundland Mi’kmaq Artist