Investing in Aboriginal Education in Canada: An Economic Perspective

Abstract

The objective of this paper is to summarize the research done by the Centre for the Study of Living Standards (CSLS) on the economic impacts of improving levels of Aboriginal education. Improving the social and economic well-being of the Aboriginal population is not only a moral imperative; it is a sound investment that will pay substantial dividends in the coming decades. In particular, Canada’s Aboriginal population could play a key role in mitigating the looming long-term labour shortage caused by Canada’s aging population and low birth rate. We estimate that complete closure of both the education and the labour market outcomes gaps by 2026 would lead to cumulative benefits of $400.5 billion (2006 dollars) in additional output and $115 billion in avoided government expenditures over the 2001-2026 period.

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