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Government of Canada proposes to invest $3.5 billion over this year and the next five years, to improve the skills of Canadians Continuing Canada’s past decade of successful economic and employment growth requires the creation of an inclusive, adaptable and mobile workforce. More than ever before – with an aging workforce and new emerging global competitors – Canada must focus on maximizing the skills of all its people. These investments are designed to achieve this goal by driving collective action by individuals, employers, unions, training institutions, communities and governments. The Government of Canada proposes to reach new partnership agreements with provinces and territories and invest $3.5 billion over this year and the next five years, on a per-capita basis, in six priority areas:
This represents the most significant investment in skills development in a decade –annual investments by the Government of Canada will increase by $809 million by 2009–10, representing an increase of 30%. These proposed investments recognize and address the gaps in current Employment Insurance programming ($2.1 billion of current expenditures). The existing program is not designed to meet the needs of individuals with little or no recent work experience, of those in non-standard work, and those currently employed who need to upgrade their skills. Substantive work with provinces and territories over the past two years, with input from employers, unions, Aboriginal organizations, training institutions, community organizations and others, has identified six areas for action and strategic investment. Canada needs a labour market system that can match supply (skilled workers) to demand (skilled jobs) no matter where they live in Canada. The system has to respond to changing local, regional, national and global realities and support the mobility and adaptability of Canadian workers. To improve labour market efficiency, the Government of Canada also proposes measures totalling $65 million to enhance labour market information and improve labour mobility across the country.
Investing in Canada’s Workforce – Creating Opportunities for All Canadians. Apprenticeship Recent Immigrants Let’s take an example of a professional couple newly arrived from India. One is an engineer, the other a financial advisor. Each has a university degree, excellent technical skills and ten years experience. Neither can get work in their field because their qualifications are not recognized. These proposed investments will help this couple upgrade their skills as needed, connect to employers in their fields, integrate into Canadian society and contribute to Canada’s growth and prosperity. |
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