All Posts Tagged With: "Native Canadian"
$90-billion possible for Saskatchewan: economist
A new report by University of Saskatchewan economist Eric Howe shows just how much Saskatchewan’s economy could gain by closing the Aboriginal education gap. Howe explains that higher education causes earnings to grow, so if Aboriginal Canadians were to become as highly-educated as non-Aboriginals, the province would increase its economic output by $90-billion. “To put this into context,” writes Howe. “The total production of potash in Saskatchewan back to the start of the industry is… four‐fifths of $90 billion.”
That said, academics often argue about how much education increases economic output. Some think gains in human capital (better skilled workers) have a large impact on economies. Others argue that credentials don’t increase employee performance much, but instead act mainly as “signals” to employers about who is likely to succeed. (To learn more see the book Academic Reform.)