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The Need for Speed - Manufacturers Must Adapt Workers’ Skills for Fast Covid-19 Recovery
Claudia Jarret, US Country Manager | EU Automation
The “new normal” COVID-19 era demands faster production speeds, as well of quality, of US industrial manufacturers. Here, Claudia Jarret, US country manager at EU Automation, explains that if manufacturers want to emerge stronger from the COVID-19 crisis, they mustn’t overlook the importance of reskilling their workforce for maximum economic recovery.
Manufacturers have faced both high and low demand scenarios during the coronavirus pandemic. On the one hand, production of high-tech equipment has risen as the demand for computers, peripherals, communications equipment and semiconductors reaches an all-time high as has demand for appliances. Automotive manufacturers are filling order backlogs that have accumulated during lockdown.
Disruption proof? How Canadian banks are transforming the art of transformation
The Canadian banking industry has always been unique and remains so even as the global banking landscape is massively disrupted by digital technology, new market entrants and wide-reaching regulation.
The Canadian financial services industry is dominated by the “Big-5” government-chartered banks, which are actually multinational conglomerates servicing all financial sectors.
For seven consecutive years, the World Economic Forum has ranked the Canadian Banking System the world’s strongest.
Unlike the European market, where banks are facing regulatory pressure to adapt and expand, Canada is unlikely to face such catalysts. The market is expected to continue consistent and conservative growth, balanced across the Big-5.