Home Business Canadian government will spend 1.5 billion CAD to boost job training to revive the economy
Canadian government will spend 1.5 billion CAD to boost job training to revive the economy

Canadian government will spend 1.5 billion CAD to boost job training to revive the economy

by YCPress

Canadian government will spend 1.5 billion CAD to boost job training to revive the economy

Toronto, November 14 Canadian Prime Minister Justin Trudeau announced in Ottawa on November 13 that the Canadian federal government will invest C $ 1.5 billion in skills training and employment support, with the aim of winning Coronavirus. Reactivating the labor market in the context of the pandemic’s impact.

This is an initiative of the Canadian Federal Government to implement the various employment development agreements reached with the provinces and territories.

The Canadian government has stated that the investment will help non-participating groups, as well as those in the construction, transportation, hotel and catering industries, to return to the job market as soon as possible.

Relevant measures specifically include skills training, on-the-job training, employer-funded training, economic support and subsidies, employment counseling and services, etc.

The Canadian government has said this is part of the largest investment in employee training in the country’s history and will help achieve the goal of creating more than a million jobs to boost economic recovery.

Previously, the Canadian federal government provided C $ 3.4 billion to support provinces and territories to boost labor market development.

Canadian official data shows that in October this year, the country’s labor market added 84,000 jobs; The unemployment rate was 8.9%, just below 9% in September and 13.7% in May.

Since April, nearly 2.4 million people have returned to work after losing their jobs or stopping work due to the pandemic.

However, the current situation in the prevention and control of the second wave of the epidemic in Canada remains tense. In the past seven days, more than 4,300 new confirmed cases were reported daily across the country.

The number of seriously ill patients is increasing. The chief public health official, Tan Yongshi, said on the thirteenth day that the situation is very worrying because the number of patients has strained medical resources.

In some places, hospitals have had to cancel elective surgery

Model data shows that if the current situation develops, there will be more than 10,000 new confirmed cases every day in Canada in early December.

Trudeau urged all provinces and territories to make decisions to restrict personal contacts. He also reminded the public to follow epidemic prevention measures.

Trudeau said : “What we do in the coming days and weeks will determine what we can do at Christmas,”