Photo by Toronto StarOakville, ON – Online training has never been more assessable to those looking to improve their skillsets. Training is a vital aspect of any industry. Unfortunately, even those that are highly trained might not always be able to find the right job for them. Currently, in Canada there are 1.6 million unemployed Canadians.
The federal Conservative party leader, Erin O’Toole, has released his party’s plan to secure job training opportunities.
“It’s not enough just to create jobs,” said O’Toole. “We also need to ensure that Canadian workers have the skills they need to fill those jobs, and in doing so build a better life for themselves and their families,” said O’Toole.
Earlier this month it was also announced that the Ontario government created the Skills Development Fund. The program would see an initial investment of $115 million to address challenges related to hiring, training and retraining workers due to the pandemic, and $5.8 million would be allocated towards free online training courses.
O’Toole’s Canada Recovery Plan looks to continue the path of providing job training opportunities for people all across Canada. The plan includes doubling the Apprenticeship Job Creation Tax Credit for the next three years, investing $250 million over two years to create the Canada Job Training Fund, and by creating the Working Canadian Training Loan.
The Apprenticeship Job Tax Creation Credit would increase the total amount claimed per year, rising from $2,000 to $4,000. Canada’s Job Training Fund will see the $250 million invested in providing grants to organizations including unions, employers, apprenticeship training delivery agents, post-secondary institutions, and community organizations for projects that give laid off workers immediate access to training, reach out to traditionally underrepresented groups and support the needs of small businesses.
The Working Canadian Training Loan will provide low-interest loans of up to $10,000 to people looking to upgrading their skills.
This comes after rumbles were reported in Ottawa concerning a potential election this fall. Several news companies, including CBC and CTV News, have reported that an election is expected to be announced on Sunday and will be held in Sept. More to come on this.