TCS and Toronto Metropolitan University Release Report on Urgent Need for New Skills in AI Era for Canadian Workforce

MUMBAI, India and TORONTO, MARCH 18, 2025 /3BL/ - Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has issued a report on closing the digital divide in Canada by ensuring jobseekers have the skills needed to succeed in a business world being transformed by AI. Entitled “The Digital Skills Imperative in Canada,” the report is based on insights from a recent roundtable event in Toronto and is available on the TCS Digital Empowers Insights page.

At the roundtable, experts from TCS and the Dais, a public policy and leadership think tank at Toronto Metropolitan University, met with Canadian employment, business, and education stakeholders. They discussed crucial factors necessary to support individuals at risk of being left behind due to the rapid advancement of technologies like AI and the shortage of relevant skills.

Examining trends affecting the demand for skilled workers, the report explored challenges and opportunities for jobseekers -- from the rapid advent of new technologies to the increasing pace of change in industries. Calls to action include:

• Higher education and the private sector should be more transparent about the specific skills needed for job roles
• Large employers should reskill workers to benefit from employee loyalty and encourage new skills to make the Canadian workforce more competitive
• Institutions offering micro-credentials – short courses offering qualifications in specific subject areas -- can enhance their impact by partnering with employers to design relevant coursework

For more information, download the full report here.

About TCS Empowers 
TCS is building greater futures by connecting people to opportunities in the digital economy. Through innovative and collective knowledge, TCS helps create equitable, inclusive pathways for all, especially women, youth and marginalized groups. Visit on.tcs.com/csr and follow #TCSEmpowers on social media.

About Tata Consultancy Services

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 56 years. Its consulting-led, cognitive powered, portfolio of business, technology and engineering services and solutions is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 607,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $29 billion in the fiscal year ended March 31, 2024, and is listed on the BSE and the NSE in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com.

TCS media contacts:

Corporate Communications & India 
Email: [email protected] 
Email: [email protected]| Phone: +91 22 6778 9999 
Email: [email protected] | Phone: +91 22 67789098

Canada 
Email: [email protected] | Phone: +1 416-999-2140

###