Government of Canada to Invest in Training for Skilled Trades
Ottawa, Ontario – November 8, 2024
The Government of Canada today announced a significant investment in training for skilled trades, a key pillar of the country’s economic recovery and growth. The investment, totaling $370 million over five years, will support the development of a skilled workforce that meets the needs of emerging industries and the evolving job market.
“Skilled trades are essential to our economy and our way of life,” said the Honorable Carla Qualtrough, Minister of Employment, Workforce Development and Disability Inclusion. “This investment will help Canadians acquire the skills and training needed to succeed in these in-demand fields.”
The funding will be used to support a range of initiatives, including:
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Apprenticeship programs: The government will provide $120 million to expand apprenticeship programs in high-demand trades, such as construction, manufacturing, and transportation. This funding will cover training costs, mentorship, and job placement support.
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Skilled Trades Training Centres: The government will invest $100 million to establish new Skilled Trades Training Centres across the country. These centres will provide state-of-the-art training facilities and equipment to support the development of a highly skilled workforce.
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Indigenous Skills and Employment Training Program: The government will allocate $70 million to enhance the Indigenous Skills and Employment Training program, which supports training and employment opportunities for Indigenous peoples in the skilled trades.
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Apprenticeship Incentive Grants: The government will provide $40 million in Apprenticeship Incentive Grants to encourage employers to hire and train apprentices. These grants will offset the costs of apprenticeship training, making it more affordable for businesses to invest in skilled workers.
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Labour Market Information System: The government will invest $20 million to enhance the Labour Market Information System, which provides real-time information on labour market trends and job availability in the skilled trades. This information will help Canadians make informed career decisions and identify training opportunities.
“Investments in skilled trades training are investments in Canada’s future,” said the Honorable Ahmed Hussen, Minister of Housing and Diversity and Inclusion. “A skilled workforce is essential for building homes, constructing infrastructure, and driving innovation.”
The investment in skilled trades training is part of the Government of Canada’s broader strategy to support economic recovery and growth. By investing in the development of a skilled workforce, the government aims to create jobs, boost productivity, and ensure Canada remains competitive in the global economy.
“This investment in skilled trades training is a game-changer for the construction industry,” said Mary Van Buren, President of the Canadian Construction Association. “It will help us address labour shortages and ensure we have the skilled workers we need to build the homes, schools, and hospitals of tomorrow.”
Government of Canada to invest in training for skilled trades
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