{"id":87417,"date":"2024-06-05T15:58:53","date_gmt":"2024-06-05T19:58:53","guid":{"rendered":""},"modified":"2024-06-07T14:28:46","modified_gmt":"2024-06-07T18:28:46","slug":"investing-in-the-future-of-canadas-construction-and-trades-industry","status":"publish","type":"rbc_my_money_matter","link":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/","title":{"rendered":"Investing in the Future of Canada\u2019s Construction and Trades Industry"},"content":{"rendered":"<div class=\"wp-block-rbc-single-article-header\">\n\t<section class=\"section-grey cover pad-t-hlf\">\n\t\t<div class=\"section-inner w-half w-mob-full centered-margin cover section-grey pad-tb-0\">\n\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/entrepreneur\/\">\n\t\t\t\t\t\t\t<span>Entrepreneur<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<h1 class=\"mar-b-hlf mar-t-0 mob-pad-lr-hlf h2 has-black-color\">Investing in the Future of Canada\u2019s Construction and Trades Industry<\/h1><p class=\"mar-b-0 mob-pad-lr-hlf author-text\">By Royal Bank of Canada<\/p>\t\t\t\t\t<div class=\"featured-image-wrapper pos-rel\">\n\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80\" class=\" cover-image  wp-post-image\" alt=\"Side view at two construction crew workers separated by wall while renovating house, copy space.\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg 2121w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?resize=300,200 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?resize=768,512 768w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?resize=1024,683 1024w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?resize=1536,1024 1536w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?resize=2048,1365 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t<\/section>\n\t<div class=\"article mar-t-dbl\">\n\t\t\t\t<section>\n\t\t\t<div class=\"section-inner socials-section\">\n\t\t\t\t<div class=\"top-socials-bar mob-mar-b-hlf\">    <div class=\"social-links mob-mar-b-hlf mob-mar-t-hlf\">\n            <a class=\"social-button-wrapper sharing-custom sharing-email\" href=\"mailto:?subject=Investing in the Future of Canada\u2019s Construction and Trades Industry &#038;body=Hi, I thought you might be interested in this article from RBC My Money Matters: https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/\">\n        <img decoding=\"async\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-email.svg\"\n          alt=\"envelope icon\">\n        <span>\n          Email        <\/span>\n      <\/a>\n      <div class=\"social-button-wrapper sharing-copy-wrapper\">\n        <button class=\"sharing-custom sharing-copy\" data-url=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/\">\n          <img decoding=\"async\"\n            src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-related.svg\"\n            alt=\"copy icon\">\n          <span id=\"sharing-copyUrl-Label\">\n            Copy URL          <\/span>\n        <\/button>\n        <input type=\"text\" class=\"sharing-copy-text\" aria-labelledby=\"sharing-copyUrl-Label\">\n      <\/div>\n    <\/div>\n  <\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section>\n\t\t\t<div class=\"section-inner w-half w-mob-full centered-margin pad-tb-0 mob-mar-t-hlf mob-mar-b\">\n\t\t\t\t<p class=\"cover-pub-line text-xs mar-b-hlf\">Published June 5, 2024 \u2022 7 Min Read<\/p>\t\t\t<\/div>\n\t\t<\/section>\n\t<\/div>\n<\/div>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner w-half w-mob-full\" style=\"border-radius:0x\">\n<p>Addressing the shortage of skilled labour in Canada has never been more important, especially when it comes to the construction industry.<\/p>\n\n\n\n<p>In addition to meeting current housing targets, the residential construction sector will need to expand its labour force by 83 per cent above the 2023 levels, to approximately 1.04 million workers, to close the housing supply gap of 3.5 million additional housing units this decade, according to <a href=\"https:\/\/www.buildforce.ca\/en\/residential-2024\" target=\"_blank\" data-dig-id=\"LP-87417-fc3b0c81\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"BuildForce Canada\u2019s Residential Scenario Outlook 2024-2033\" rel=\"noreferrer noopener\" class=\"rbc-link-format\">BuildForce Canada\u2019s Residential Scenario Outlook 2024-2033<\/a>. To keep up with the necessary infrastructure for those new builds, the non-residential sector would also need to increase its labour force by 19 per cent over 2023 levels. These new workers are needed at a time where a record number of skilled workers are retiring from the construction sector.<\/p>\n\n\n\n<p>While this is daunting for a sector already grappling with labour shortage issues, it also presents opportunities for businesses to invest in efficiently recruiting and retaining skilled labour.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Building bright futures for Indigenous youth through skilled trades<\/h2>\n\n\n\n<p>Rod Stagg knows all about how a career in the skilled trades can contribute to building a successful career for young Indigenous people. Stagg is a proud member of the M\u00e9tis Nation of Alberta, with more than 40 years of experience in the mechanical services industry.<\/p>\n\n\n\n<p>As the owner of his own mechanical contracting firm in Calgary, Stagg is passionate about helping Canada\u2019s Indigenous youth find worthwhile careers that will bring them financial stability and generational wealth \u2013 so much so that he founded Indigenous Incubator Inc.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/indigenousinc.org\/\" target=\"_blank\" data-dig-id=\"LP-87417-9d4cd84d\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Indigenous Incubator\" rel=\"noreferrer noopener\" class=\"rbc-link-format\">Indigenous Incubator<\/a> was designed to help Indigenous entrepreneurs and youth learn important business skills and trades they can leverage to achieve economic success. While the company was founded in 2022, the idea behind it came many years before it officially launched.<\/p>\n\n\n\n<p>The Indigenous Incubator idea stemmed from Stagg\u2019s own professional experiences when he had the opportunity to work for (and eventually purchase) a plumbing contracting firm owned by a family friend in need of a successor. Stagg, who was already a journeyman plumber at the time, apprenticed for the owner to receive additional training, and eventually purchased the company.<\/p>\n\n\n\n<p>\u201c[The owner] didn&#8217;t have an exit strategy,\u201d Stagg explains. \u201cI was just fortunate enough to be there, and he took me under his wing and allowed me to learn from him, and be mentored by him in business, and in the trades.\u201d<\/p>\n\n\n\n<p>This situation is not unlike that of many other skilled tradespeople in Canada looking to retire or sell their small businesses. Stagg realized the aging demographic of tradespeople presented an opportunity for young Indigenous people looking for a fulfilling career in the skilled trades, while addressing the ongoing labour shortage in the industry.<\/p>\n\n\n\n<p>Stagg\u2019s company offers those looking to retire an opportunity to sell their small businesses to the Indigenous Incubator and take on a mentorship-like role, where they can pass down their knowledge and expertise to the next generation of Indigenous workers. Those young workers obtain apprenticeships through the Indigenous Incubator\u2019s various businesses, and eventually move on to become journeymen, where they can continue to work for these businesses or start their own ventures.<\/p>\n\n\n\n<p>Stagg explains that this kind of knowledge transfer is vital for ensuring the continuity and success of Indigenous businesses.<\/p>\n\n\n\n<p>\u201cThe M\u00e9tis Nation of Alberta has signed a declaration of relationship with the Incubator and they&#8217;ve committed $120,000 in wage subsidies for hiring M\u00e9tis youth this year,\u201d Stagg said.<\/p>\n\n\n\n<p>RBC has also helped support the <a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/business-stages\/start-a-business\/incubating-indigenous-excellence-building-a-brighter-future\/\" data-dig-id=\"LP-87417-3df7c7f3\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Indigenous Incubator\" class=\"rbc-link-format\">Indigenous Incubator<\/a>, recognizing the many opportunities for Indigenous youth in the skilled trades.<\/p>\n\n\n\n<p>\u201cRBC has done everything they can to support us \u2013 everything from increasing our lines of credit to offering their RBC Group Advantage services,\u201d Stagg says, referring to an <a href=\"https:\/\/www.rbcroyalbank.com\/business\/advice\/registered-pension-plan-and-group-retirement-savings\/rbc-group-advantage.html\" data-dig-id=\"LP-87417-735d1c3f\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"RBC program\" class=\"rbc-link-format\">RBC program<\/a> that provides employers access to advice and resources that help them prioritize the emotional, physical and financial wellbeing of their employees and ultimately create a more productive workforce.\u00a0<\/p>\n\n\n\n<p>\u201cPathways to meaningful employment and economic independence requires investment in skill development.&nbsp; Across Canada, skilled trades contribute to the well-being of communities and local economic growth,\u201d <strong>says Chinyere Eni, Head, Indigenous Banking at RBC.<\/strong> \u201cFirst Nations, M\u00e9tis and Inuit youth are the fastest growing population in Canada, so fostering awareness of skill development opportunities to help inform thoughtful choices around career helps pave the way for a more inclusive economy.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to attract and retain staff in the skilled trades<\/h2>\n\n\n\n<p>Retaining skilled labour is an ongoing challenge for business owners, Stagg notes, and <strong>Karen Svendsen, Senior Director of Client and Business Strategy, Small Business at RBC<\/strong>, agrees: the need for strong recruitment and retention strategies has come to light more than ever before, she says.<\/p>\n\n\n\n<p>\u201cThe shortage of skilled tradespeople in Canada is not a new story, but the stakes are increasing due to an aging workforce and increasing demand for digital skills,\u201d she says. \u201cNow more than ever, small businesses must prioritize recruiting and retaining skilled labour by investing in training, development and mentoring programs that equip the next generation with both traditional craftsmanship and digital fluency \u2013 skills that are critical to ensure the continued growth of our industries and communities.\u201d<\/p>\n\n\n\n<p>To assist in recruiting and retaining workers in the skilled trades, Eni and Svendsen point small business owners who bank with RBC to holistic resources and solutions that can provide valuable guidance and support, helping them find (and keep) the right talent for their business.<br><br>For example, the RBC Youth Employment Portal allows job seekers across Canada to create a free <a href=\"https:\/\/www.rbcroyalbank.com\/business\/beyond-banking\/hire-a-student.html\" data-dig-id=\"LP-87417-ccb674a3\" data-dig-label=\"Magnet \" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">Magnet<\/a> account and get matched to jobs, work placements, and internships with Canadian small and medium-sized businesses, including those available through RBC&#8217;s extensive business client network. Magnet also has a new program called Construction Career Pathways (created by BuildForce Canada) that matches job seekers with small and medium-sized employers in the construction industry. This program can enable business owners within the skilled trades to fill job vacancies, while taking advantage of financial incentives to help offset onboarding costs.<\/p>\n\n\n\n<p>RBC has also teamed up with <a href=\"https:\/\/www.rbcroyalbank.com\/business\/beyond-banking\/post-jobs-find-employees.html\" data-dig-id=\"LP-87417-4507fa0a\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Indeed \" class=\"rbc-link-format\">Indeed<\/a> and <a href=\"https:\/\/www.rbcroyalbank.com\/business\/beyond-banking\/payroll-hr-solutions.html\" data-dig-id=\"LP-87417-4412f5d0\" data-dig-label=\"ADP \" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">ADP<\/a> to offer unique advantages to business owners. For example, business clients can access $300 worth of sponsored job credits to create paid job listings on the Indeed employer platform to attract skilled tradespeople and fill vacant positions faster. Once those jobs have been filled, business owners can use <a href=\"https:\/\/www.rbcroyalbank.com\/business\/beyond-banking\/payroll-hr-solutions.html\" data-dig-id=\"LP-87417-0da733f8\" data-dig-label=\"ADP\u2019s \" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">ADP\u2019s<\/a> comprehensive payroll and HR services to help reduce administrative obstacles and spend more time on nurturing and training new employees. \u00a0<\/p>\n\n\n\n<p>Moreover, when public and private sectors come together to position the skilled trades as a lucrative career path and create programs of opportunity for Canada\u2019s youth and other untapped labour pools, the construction industry and skilled trades work force that supports it will thrive. According to RBC\u2019s <a href=\"https:\/\/thoughtleadership.rbc.com\/powering-up-preparing-canadas-skilled-trades-for-a-post-pandemic-economy\/\" data-dig-id=\"LP-87417-626ffdbe\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Powering Up: Preparing Canada\u2019s skilled trades for a post-pandemic economy\" class=\"rbc-link-format\">Powering Up: Preparing Canada\u2019s skilled trades for a post-pandemic economy<\/a>, in 2019, only 11 per cent of new apprenticeship program registrants were women. Unless Canada can get more women into trade and leadership positions, there will continue to be a stigma and hurdles to jump for women entering \u2014 and staying\u2014 in the trades. While these are substantial challenges, there are also significant opportunities. RBC supports programs like <a href=\"https:\/\/www.rbc.com\/newsroom\/article\/?title=break-through-the-drywall-ceiling-why-we-need-more-women-in-canadas-skilled-trades&amp;utm_content=2021150sbb-bfs_news-en-sbb-bsbb01aa-bsbbrg01&amp;utm_campaign=2021150sbb-bfs_news-en-sbb-bsbb01aa-bsbbrg01\" data-dig-id=\"LP-87417-dc994589\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Jill of All Trades\" class=\"rbc-link-format\">Jill of All Trades<\/a>, an organization helping introduce young women in grades 9-12 to the benefits of trade careers. Between 2022 and 2026, more than 120 Jill of All Trade events will take place across Canada and the US, reaching more than 25,000 young women<\/p>\n\n\n\n<p>By leveraging these tools and solutions, business owners can build a more robust and capable workforce, ultimately leading to greater productivity and success in the skilled trades for years to come.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-rbc-rbc-default-collapsible\"><p><button class=\"collapse-toggle collapsed\" data-target=\"#collapse834a1009\" data-toggle=\"collapse\" aria-expanded=\"false\" aria-controls=\"collapse834a1009\" data-dig-id=\"LP-57738-834a1009\" data-dig-category=\"LP\" data-dig-action=\"accordion closed\" action-closed=\"accordion closed\" action-opened=\"accordion open\" data-dig-label=\"Things our lawyers want you to know\"><span>Things our lawyers want you to know<\/span><span>Things our lawyers want you to know<\/span><\/button><\/p><div class=\"collapse-content collapse\" id=\"collapse834a1009\">\n<div class=\"wp-block-rbc-collapsible-inner-block collapse-inner\">\n<p>This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.<\/p>\n<\/div>\n<\/div><\/div>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-365d7d9b-1860-4e3f-be36-b177b60bbf1e\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<p class=\"has-text-align-center h5 mar-b\"><strong>Share This Article<\/strong><\/p>\n\n\n\n\t\t<div class=\"socials-block\">\n\t\t\t    <div class=\"social-links mob-mar-b-hlf mob-mar-t-hlf\">\n            <a class=\"social-button-wrapper sharing-custom sharing-email\" href=\"mailto:?subject=Investing in the Future of Canada\u2019s Construction and Trades Industry &#038;body=Hi, I thought you might be interested in this article from RBC My Money Matters: https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/\">\n        <img decoding=\"async\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-email.svg\"\n          alt=\"envelope icon\">\n        <span>\n          Email        <\/span>\n      <\/a>\n      <div class=\"social-button-wrapper sharing-copy-wrapper\">\n        <button class=\"sharing-custom sharing-copy\" data-url=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/\">\n          <img decoding=\"async\"\n            src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-related.svg\"\n            alt=\"copy icon\">\n          <span id=\"sharing-copyUrl-Label\">\n            Copy URL          <\/span>\n        <\/button>\n        <input type=\"text\" class=\"sharing-copy-text\" aria-labelledby=\"sharing-copyUrl-Label\">\n      <\/div>\n    <\/div>\n  \t\t<\/div>\n\n\t\t\n\n\t\n\t<div class=\"wp-block-tk-spacer id-a37708c8-27bc-492c-8a5e-c85af5651471\" aria-hidden=\"true\"><\/div>\n\t\n\n\n\t\t\t<div class=\"wp-block-rbc-single-post-topics related-topics-links\">\n\t\t\t\t<p class=\"h5 mar-r-hlf\">Topics:<\/p>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/entrepreneur\/\" class=\"btn topic mar-t-0 mar-r-qtr mar-b-hlf\">Entrepreneur<\/a>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/ideas-and-insights\/\" class=\"btn topic mar-t-0 mar-r-qtr mar-b-hlf\">Ideas and Insights<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel mob-pad-t-dbl\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<h2 class=\"wp-block-heading mar-b mob-mar-b-dbl mar-t-0\" id=\"h-read-this-next\">Read This Next<\/h2>\n\n\n\t\t\t<div class=\"related-posts-type-2\">\n\t\t\t\t<div class=\"related-post-list\">\n\t\t\t\t\t<ul class=\"grid-wpr eh-wpr\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class= 'grid-one-third grid-tb-full grid-mob-full mar-b'>\n\t\t\t\t\t\t\t\t\t\t<article class=\"col-wpr mar-b-0 mar-r-0 mar-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"postcard-img-ctr post-card-image col-md-12 col-xs-6 mob-mar-b-0 pad-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"744\" height=\"367\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/YT-thumbnail.png?quality=80&amp;w=744\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Six business professionals standing on stage at an RBC corporate event with solar panel imagery displayed on screen behind them\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/YT-thumbnail.png 744w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/YT-thumbnail.png?resize=300,148 300w\" sizes=\"auto, (max-width: 744px) 100vw, 744px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"card-details mob-mar-b-0 mob-mar-t-0 pad-r-0 col-md-12 col-xs-6\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"primary-taxonomy primary-link\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/\">\n\t\t\t\t\t\tInnovation\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/unlocking-sustainable-progress-how-innovation-and-collaboration-can-help-drive-transformational-growth-in-canada\/\" class=\"card-title h4 mar-t-0\">Unlocking Sustainable Progress: How Innovation and Collaboration Can Help Drive Transformational Growth in Canada<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class= 'grid-one-third grid-tb-full grid-mob-full mar-b'>\n\t\t\t\t\t\t\t\t\t\t<article class=\"col-wpr mar-b-0 mar-r-0 mar-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"postcard-img-ctr post-card-image col-md-12 col-xs-6 mob-mar-b-0 pad-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"645\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg?quality=80&amp;w=1024\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"People networking at business conference\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg 3974w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg?resize=300,189 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg?resize=768,484 768w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg?resize=1024,645 1024w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg?resize=1536,968 1536w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/national-call-image.jpg?resize=2048,1291 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"card-details mob-mar-b-0 mob-mar-t-0 pad-r-0 col-md-12 col-xs-6\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"primary-taxonomy primary-link\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/\">\n\t\t\t\t\t\tInnovation\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/how-three-canadian-businesses-are-translating-environmental-sustainability-into-tangible-business-outcomes\/\" class=\"card-title h4 mar-t-0\">How Three Canadian Businesses are Translating Environmental Sustainability into Tangible Business Outcomes<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class= 'grid-one-third grid-tb-full grid-mob-full mar-b'>\n\t\t\t\t\t\t\t\t\t\t<article class=\"col-wpr mar-b-0 mar-r-0 mar-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"postcard-img-ctr post-card-image col-md-12 col-xs-6 mob-mar-b-0 pad-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/02\/iStock-1604895064.jpg?quality=80&amp;w=1024\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Workers in a manufacturing plant\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/02\/iStock-1604895064.jpg 2121w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/02\/iStock-1604895064.jpg?resize=300,200 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/02\/iStock-1604895064.jpg?resize=768,512 768w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/02\/iStock-1604895064.jpg?resize=1024,683 1024w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/02\/iStock-1604895064.jpg?resize=1536,1024 1536w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/02\/iStock-1604895064.jpg?resize=2048,1365 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"card-details mob-mar-b-0 mob-mar-t-0 pad-r-0 col-md-12 col-xs-6\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"primary-taxonomy primary-link\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/\">\n\t\t\t\t\t\tInnovation\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/three-keys-to-canadas-food-future-environmental-sustainability-innovation-and-collaboration\/\" class=\"card-title h4 mar-t-0\">Three Keys to Canada\u2019s Food Future: Environmental Sustainability, Innovation and Collaboration<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n<\/section>\n<style class=\"advgb-styles-renderer\">\n\t\t.wp-block-tk-spacer.id-365d7d9b-1860-4e3f-be36-b177b60bbf1e {\n\t\theight: 96px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-365d7d9b-1860-4e3f-be36-b177b60bbf1e {\n\t\t\theight: 30px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-a37708c8-27bc-492c-8a5e-c85af5651471 {\n\t\theight: 60px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-a37708c8-27bc-492c-8a5e-c85af5651471 {\n\t\t\theight: 30px;\n\t\t}\n\t}\t<\/style>","protected":false},"excerpt":{"rendered":"<p>Mentorship and training play a pivotal role in attracting and retaining skilled tradespeople. <\/p>\n","protected":false},"author":80,"featured_media":87419,"parent":57336,"menu_order":0,"template":"","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"tags":[157,76],"rbc_content_type":[31],"rbc_audience":[110,231,61],"rbc_lob_group":[35],"rbc_difficulty_level":[33],"rbc_mmm_category":[305,391,325,389,326,390],"class_list":["post-87417","rbc_my_money_matter","type-rbc_my_money_matter","status-publish","has-post-thumbnail","hentry","tag-entrepreneur","tag-ideas-and-insights","rbc_content_type-article","rbc_audience-business-owners","rbc_audience-indigenous","rbc_audience-youth","rbc_lob_group-business","rbc_difficulty_level-beginner","rbc_mmm_category-business","rbc_mmm_category-commercial","rbc_mmm_category-get-inspired","rbc_mmm_category-innovation","rbc_mmm_category-right-sized-business-advice","rbc_mmm_category-small-business"],"acf":{"contently_publication_id":"","custom_author":"Royal Bank of Canada","rbc_video_header":"","rbc_media_duration":"","rbc_toc_for_mmm_tag":"h2","rbc_toc_for_mmm_limit":6,"rbc_toc_for_mmm":null,"rbc_toc_for_mmm_action":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<meta name=\"description\" content=\"Mentorship and training play a pivotal role in attracting and retaining skilled tradespeople.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:description\" content=\"Mentorship and training play a pivotal role in attracting and retaining skilled tradespeople.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"RBC Royal Bank\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-07T18:28:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80\" \/>\n\t<meta property=\"og:image:width\" content=\"2121\" \/>\n\t<meta property=\"og:image:height\" content=\"1414\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/\"},\"author\":{\"name\":\"jacquelinewu\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/#\/schema\/person\/d055d46e444faf6863d781f24c107a5e\"},\"headline\":\"Investing in the Future of Canada\u2019s Construction and Trades Industry\",\"datePublished\":\"2024-06-05T19:58:53+00:00\",\"dateModified\":\"2024-06-07T18:28:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/\"},\"wordCount\":1266,\"image\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80\",\"keywords\":[\"Entrepreneur\",\"Ideas and Insights\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/\",\"url\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/\",\"name\":\"Investing in the Future of Canada\u2019s Construction and Trades Industry - My Money Matters\",\"isPartOf\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80\",\"datePublished\":\"2024-06-05T19:58:53+00:00\",\"dateModified\":\"2024-06-07T18:28:46+00:00\",\"description\":\"Mentorship and training play a pivotal role in attracting and retaining skilled tradespeople.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#primaryimage\",\"url\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80\",\"contentUrl\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80\",\"width\":2121,\"height\":1414,\"caption\":\"Side view at two construction crew workers separated by wall while renovating house, copy space.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"My Money Matters\",\"item\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Get Inspired\",\"item\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Innovation\",\"item\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/\"},{\"@type\":\"ListItem\",\"position\":5,\"name\":\"Investing in the Future of Canada\u2019s Construction and Trades Industry\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/#website\",\"url\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/\",\"name\":\"RBC Royal Bank\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.rbcroyalbank.com\/en-ca\/#\/schema\/person\/d055d46e444faf6863d781f24c107a5e\",\"name\":\"jacquelinewu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/3321e8136810c69188cc4e33665518d781482ff9e3a346484c2892fdffef6ded?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3321e8136810c69188cc4e33665518d781482ff9e3a346484c2892fdffef6ded?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3321e8136810c69188cc4e33665518d781482ff9e3a346484c2892fdffef6ded?s=96&d=mm&r=g\",\"caption\":\"jacquelinewu\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"description":"Mentorship and training play a pivotal role in attracting and retaining skilled tradespeople.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/","og_locale":"en_US","og_type":"article","og_description":"Mentorship and training play a pivotal role in attracting and retaining skilled tradespeople.","og_url":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/","og_site_name":"RBC Royal Bank","article_modified_time":"2024-06-07T18:28:46+00:00","og_image":[{"width":2121,"height":1414,"url":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#article","isPartOf":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/"},"author":{"name":"jacquelinewu","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/#\/schema\/person\/d055d46e444faf6863d781f24c107a5e"},"headline":"Investing in the Future of Canada\u2019s Construction and Trades Industry","datePublished":"2024-06-05T19:58:53+00:00","dateModified":"2024-06-07T18:28:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/"},"wordCount":1266,"image":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80","keywords":["Entrepreneur","Ideas and Insights"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/","url":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/","name":"Investing in the Future of Canada\u2019s Construction and Trades Industry - My Money Matters","isPartOf":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#primaryimage"},"image":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80","datePublished":"2024-06-05T19:58:53+00:00","dateModified":"2024-06-07T18:28:46+00:00","description":"Mentorship and training play a pivotal role in attracting and retaining skilled tradespeople.","breadcrumb":{"@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#primaryimage","url":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80","contentUrl":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80","width":2121,"height":1414,"caption":"Side view at two construction crew workers separated by wall while renovating house, copy space."},{"@type":"BreadcrumbList","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"My Money Matters","item":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/"},{"@type":"ListItem","position":3,"name":"Get Inspired","item":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/"},{"@type":"ListItem","position":4,"name":"Innovation","item":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/"},{"@type":"ListItem","position":5,"name":"Investing in the Future of Canada\u2019s Construction and Trades Industry"}]},{"@type":"WebSite","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/#website","url":"https:\/\/www.rbcroyalbank.com\/en-ca\/","name":"RBC Royal Bank","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rbcroyalbank.com\/en-ca\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.rbcroyalbank.com\/en-ca\/#\/schema\/person\/d055d46e444faf6863d781f24c107a5e","name":"jacquelinewu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/3321e8136810c69188cc4e33665518d781482ff9e3a346484c2892fdffef6ded?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/3321e8136810c69188cc4e33665518d781482ff9e3a346484c2892fdffef6ded?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3321e8136810c69188cc4e33665518d781482ff9e3a346484c2892fdffef6ded?s=96&d=mm&r=g","caption":"jacquelinewu"}}]}},"parsely":{"version":"1.1.0","canonical_url":"https:\/\/rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Investing in the Future of Canada\u2019s Construction and Trades Industry","url":"http:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/get-inspired\/innovation\/investing-in-the-future-of-canadas-construction-and-trades-industry\/"},"thumbnailUrl":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80&w=150&h=150&crop=1","image":{"@type":"ImageObject","url":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80"},"articleSection":"Uncategorized","author":[{"@type":"Person","name":"jacquelinewu"}],"creator":["jacquelinewu"],"publisher":{"@type":"Organization","name":"RBC Royal Bank","logo":""},"keywords":["entrepreneur","ideas and insights"],"dateCreated":"2024-06-05T19:58:53Z","datePublished":"2024-06-05T19:58:53Z","dateModified":"2024-06-07T18:28:46Z"},"rendered":"<script type=\"application\/ld+json\" class=\"wp-parsely-metadata\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Investing in the Future of Canada\\u2019s Construction and Trades Industry\",\"url\":\"http:\\\/\\\/www.rbcroyalbank.com\\\/en-ca\\\/my-money-matters\\\/business\\\/get-inspired\\\/innovation\\\/investing-in-the-future-of-canadas-construction-and-trades-industry\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.rbcroyalbank.com\\\/en-ca\\\/my-money-matters\\\/business\\\/get-inspired\\\/innovation\\\/investing-in-the-future-of-canadas-construction-and-trades-industry\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.rbcroyalbank.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/12\\\/2024\\\/06\\\/iStock-1268557129.jpg?quality=80&w=150&h=150&crop=1\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.rbcroyalbank.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/12\\\/2024\\\/06\\\/iStock-1268557129.jpg?quality=80\"},\"articleSection\":\"Uncategorized\",\"author\":[{\"@type\":\"Person\",\"name\":\"jacquelinewu\"}],\"creator\":[\"jacquelinewu\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"RBC Royal Bank\",\"logo\":\"\"},\"keywords\":[\"entrepreneur\",\"ideas and insights\"],\"dateCreated\":\"2024-06-05T19:58:53Z\",\"datePublished\":\"2024-06-05T19:58:53Z\",\"dateModified\":\"2024-06-07T18:28:46Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/rbcroyalbank.com\/p.js"},"featured_img":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/06\/iStock-1268557129.jpg?quality=80&w=1024","coauthors":[],"author_meta":{"author_link":"https:\/\/www.rbcroyalbank.com\/en-ca\/author\/jacquelinewu\/","display_name":"jacquelinewu"},"relative_dates":{"created":"Posted 2 years ago","modified":"Updated 2 years ago"},"absolute_dates":{"created":"Posted on June 5, 2024","modified":"Updated on June 7, 2024"},"absolute_dates_time":{"created":"Posted on June 5, 2024 3:58 pm","modified":"Updated on June 7, 2024 2:28 pm"},"featured_img_caption":"","tax_additional":{"post_tag":{"linked":["<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/entrepreneur\/\" class=\"advgb-post-tax-term\">Entrepreneur<\/a>","<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/ideas-and-insights\/\" class=\"advgb-post-tax-term\">Ideas and Insights<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Entrepreneur<\/span>","<span class=\"advgb-post-tax-term\">Ideas and Insights<\/span>"],"slug":"post_tag","name":"Tags"},"rbc_content_type":{"linked":["<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/content-type\/article\/\" class=\"advgb-post-tax-term\">Article<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Article<\/span>"],"slug":"rbc_content_type","name":"Content Types"},"rbc_audience":{"linked":["<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/audience\/business-owners\/\" class=\"advgb-post-tax-term\">Business Owners<\/a>","<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/audience\/indigenous\/\" class=\"advgb-post-tax-term\">Indigenous<\/a>","<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/audience\/youth\/\" class=\"advgb-post-tax-term\">Youth<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Business Owners<\/span>","<span class=\"advgb-post-tax-term\">Indigenous<\/span>","<span class=\"advgb-post-tax-term\">Youth<\/span>"],"slug":"rbc_audience","name":"Audiences"},"rbc_lob_group":{"linked":["<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/lob-group\/business\/\" class=\"advgb-post-tax-term\">Business<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Business<\/span>"],"slug":"rbc_lob_group","name":"LOB Groups"},"rbc_difficulty_level":{"linked":["<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/difficulty-level\/beginner\/\" class=\"advgb-post-tax-term\">Beginner<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Beginner<\/span>"],"slug":"rbc_difficulty_level","name":"Difficulty Levels"},"rbc_mmm_category":{"linked":["<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/mmm-category\/business\/\" class=\"advgb-post-tax-term\">Business<\/a>","<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/mmm-category\/commercial\/\" class=\"advgb-post-tax-term\">Commercial<\/a>","<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/mmm-category\/get-inspired\/\" class=\"advgb-post-tax-term\">Get Inspired<\/a>","<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/mmm-category\/innovation\/\" class=\"advgb-post-tax-term\">Innovation<\/a>","<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/mmm-category\/right-sized-business-advice\/\" class=\"advgb-post-tax-term\">Right-Sized Business Advice<\/a>","<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/mmm-category\/small-business\/\" class=\"advgb-post-tax-term\">Small Business<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Business<\/span>","<span class=\"advgb-post-tax-term\">Commercial<\/span>","<span class=\"advgb-post-tax-term\">Get Inspired<\/span>","<span class=\"advgb-post-tax-term\">Innovation<\/span>","<span class=\"advgb-post-tax-term\">Right-Sized Business Advice<\/span>","<span class=\"advgb-post-tax-term\">Small Business<\/span>"],"slug":"rbc_mmm_category","name":"Categories"},"ep_custom_result":{"linked":[],"unlinked":[],"slug":"ep_custom_result","name":"Custom Results"}},"series_order":"","jetpack_sharing_enabled":true,"primary_tag":"157","primary_rbc_mmm_category":"389","_links":{"self":[{"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_my_money_matter\/87417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_my_money_matter"}],"about":[{"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/types\/rbc_my_money_matter"}],"author":[{"embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/users\/80"}],"version-history":[{"count":8,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_my_money_matter\/87417\/revisions"}],"predecessor-version":[{"id":87517,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_my_money_matter\/87417\/revisions\/87517"}],"up":[{"embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_my_money_matter\/57336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/media\/87419"}],"wp:attachment":[{"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/media?parent=87417"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/tags?post=87417"},{"taxonomy":"rbc_content_type","embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_content_type?post=87417"},{"taxonomy":"rbc_audience","embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_audience?post=87417"},{"taxonomy":"rbc_lob_group","embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_lob_group?post=87417"},{"taxonomy":"rbc_difficulty_level","embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_difficulty_level?post=87417"},{"taxonomy":"rbc_mmm_category","embeddable":true,"href":"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-json\/wp\/v2\/rbc_mmm_category?post=87417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}