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Working together to build a better labour market information system for Canada – Final Report

The Advisory Panel on Labour Market Information (LMI) is an independent group established by the Forum of Labour Market Ministers (FLMM) to provide advice on how best to improve Canada’s LMI system to make Canadian labour markets function better. And while we knew that, according to the Organisation for Economic Co-operation and Development (OECD), our LMI system is one of the best in the world, we eagerly took up our task knowing that we can always do better. As we carried out our consultations, the nature of the challenges facing Canadian labour markets dramatically changed from labour shortages to rising unemployment across the country. But this did not fundamentally alter our task. A good LMI system will help to improve the matching of people and jobs both in times of labour shortages and high unemployment. And a good LMI system is always necessary to make sure that the right policy decisions are made to improve the economy’s performance and lower unemployment.