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Economic Foundations

Human Resources

The education and training system is the key to a skilled workforce and the bedrock of a globally competitive economy. In the knowledge-based economy of today, information drives the economy, and at the centre of information creation, innovation, deployment, and distribution is human talent.

Education today is a lifelong process consisting of continual development and upgrading of knowledge.

Calgary has a strong educational system. It has solid primary and secondary schools. It has many community colleges with a growing entrepreneurial orientation. It has quality research-oriented universities and institutes and a growing demand for highly skilled labour due to a strong economy.

The K-12 education system is strong. The Calgary Board of Education (CBE) is the largest school system in Alberta and the third largest in Canada. There are growing industry-public education partnerships that are serving to enhance both career preparation as well as opportunities for students.

In addition, the private K-12 education is growing rapidly with private school enrollment growing by 61% from 1993 to 1999. There are several potential challenges facing the public school system. Public school enrollment is declining, average classroom size is increasing, and the high school dropout rate is among the highest in Canada.

The post-secondary education system is healthy in Calgary with several high quality post- secondary institutions. Demand for university education is growing, fueling the growth of student enrollment. Growth in community college enrollment is the most rapid among CanadaÕs large provinces.

Significantly, there is a vigorous entrepreneurial culture among community colleges, with many of them leading the region in forging new, strategic collaborations. Bow Valley College, Mount Royal College, and Alberta College of Art and Design respond assertively to changing global and local dynamics. Several challenges confront post-secondary education: increasing tuition fees, increasing faculty-student ratio, rising debt burdens among students, competitiveness of faculty salaries in certain fields, deterioration of facilities and technical infrastructure.

There are emerging skills gaps in the region due to the growing economy, the diversification into new economy industries and the strong demand for diverse skills. Business leaders in the Calgary region have identified specific industries with labour shortages such as banking, technology, transportation, health care, and oil and gas.

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