By: James J. Leighton-Jones, National PostPublished: August 06, 2019 11:57PMUpdated: August 07, 2019 05:08AMThe industrial revolution is here and there is no doubt that the next one is going to be the greatest since the dawn of civilization.
But that doesn’t mean there isn’t still a lot of work to do to prepare the nation for what is coming.
“We are in an incredible moment in history.
We are in a period of transition and transformation.
It’s a time when there’s so much going on and so much of the world changing around us,” says Daniel Waudena, president of the Industrialists’ Association of Canada (IACA), a trade organization that represents Canadian industrialists and executives.”
This is a transition that is not easy and it’s a transition we’re going to have to navigate.”
The IACA is the umbrella group for more than 15,000 of the country’s most important companies.
It represents more than 20 per cent of Canada’s economy and has the biggest lobby in Ottawa.
Waudena says the industrial revolution will bring many new opportunities to Canadian business.
The economy will be able to take on new challenges, from renewable energy to robotics, and it will have to deal with the impacts of climate change.
Wadsworth and his colleagues at the IACA have been organizing conferences and workshops to give a sense of the big changes coming.
He says there are so many new technologies and processes that can be brought to bear on manufacturing that the industry is in a very unique position to help shape that change.
The ICA has been organizing workshops and conferences across Canada to get a sense how industries are preparing for this new era.
Wudena says it is important to understand how the industrial economy is changing and how it can be adapted to cope with these new challenges.
“The IBA has been putting together a workshop called the Transition Summit to help Canadians understand how we can adapt our businesses to these changing times,” he says.
The workshop will be held on Friday and Saturday, August 11 and 12 in Ottawa at the RBC Centre for Business and Economic Research, in conjunction with the Conference Board of Canada.
It is free and open to the public.
Weddena says there is one common theme among all the industries and organizations that are involved in the workshop.
“We are talking about how to adapt ourselves to the new economy and the new realities of the new world that we’re living in,” he said.
“There’s no doubt in my mind that the transition to a new world is going be the most transformative of all the transitions that we have ever experienced in the world,” he told Next Big Futures.
“There are no new technologies.
There are no novel products.
It will be the same way that all of us have known the past 50 years of the past 100 years,” he continued.
“But the big thing is, there will be new technologies that we will use and we will adapt and we’ll make a lot more money, and that will change the game in a really positive way.”
But there are still challenges ahead.
The biggest one is the climate change issue.
“It’s really difficult for us to adapt our business models to the climate,” Wagelberg said.
“The way that we make money is dependent on carbon pollution.
So, if we don’t make a significant contribution to the reduction of carbon pollution, then we won’t be able even to meet our goals of reducing emissions and we won.”
In the same vein, if you look at the coal industry, it’s been a major contributor to global warming.
So we have a lot to learn from the coal and natural gas industry, and we’re also going to learn how to better manage our natural gas and coal resources, and how to manage the natural gas resource in the long term.
“And the energy sector is also a big one.
The energy sector in Canada is an enormous amount of work, and so we are going to see a lot in terms of new technologies coming to the fore and that we can be able adapt to.”
The transition is just beginning, however.
Wudena believes that the world will be looking for a different approach to manufacturing in the coming decades.
“This is going for the next 50 years, but I believe that the future is looking different from the one we have right now,” he explained.
You’re going also going have to think outside the box and be able do something that’s a little bit different.””
You’re going not just going to go back to the old model.
You’re going also going have to think outside the box and be able do something that’s a little bit different.”
Wudana says that in addition to adapting to the changing environment, companies will also need to prepare for the future.
“One of the biggest challenges that the new generation of companies is going through right now and we have to