Ont. unveils new labour deal with feds
Wednesday, November 23, 2005
CREDIT: Pat McGrath/Ottawa Citizen
Belinda Stronach, Minister of Human Resources
TORONTO -- Ontario and Ottawa have agreed two labour market deals that will put $1.3 billion in federal cash over the next six years into job training for the province's residents and recent immigrants.
The Canada-Ontario labour market development agreement will transfer millions of employment insurance dollars to the province, starting with $30 million in the first year and rising to $314 million in each of the fifth and sixth years.
The funds will go towards training, apprenticeships and helping immigrants enter the labour market.
A labour market deal between the province and federal government has been anticipated since late spring.
Business experts have said the agreement is important for addressing a shortage of skilled workers in the province, particularly in northern communities.
Federal Human Resources Minister Belinda Stronach and Chris Bentley, Ontario's minister of training, colleges and universities, announced the deal in Toronto.