Welcome!

News Feed Item

Minister Sorenson stresses the Government's commitment to skills development for the benefit of Canada's energy future and the economy

OTTAWA, Feb. 28, 2014 /CNW/ - The Honourable Kevin Sorenson, Minister of State (Finance), on behalf of the Honourable Jason Kenney, Minister of Employment and Social Development, delivered a keynote speech at the Canadian Nuclear Association Annual Conference and Trade Show to highlight why skills development is critical to keeping our economy on track and a key area of focus for Canada's energy future.

Minister Sorenson underlined the Government of Canada's approach to addressing the skills shortage and skills mismatch in our economy. Economic Action Plan 2014 will help connect Canadians to available jobs and promote economic growth with initiatives including the Canada Job Grant, Canada Apprentice Loan and the Flexibility and Innovation in Apprenticeship Technical Training pilot project.

Quick Facts

  • Canada's nuclear industry represents over 60 000 jobs.
  • Over 45 percent of employees at Canada's uranium mines are Aboriginal people, and nearly 50 percent are northern residents. The mines are expected to double production over the next five years.
  • In Canada, 50 percent of electricity generation workers are eligible for retirement in the next 5 to 10 years.
  • Canada is facing a shortage of engineers with more than 10 years of experience; 95 000 professional engineers will retire by 2020.
  • The U.S. Energy Information Administration projects world energy consumption will increase 56 percent by 2040.
  • It is estimated that there are hundreds of resource projects currently underway or planned over the next 10 years, representing $650 billion in planned investment across Canada.
  • The $650 billion in planned investment across Canada, along with expected retirement and attrition, will increase labour demand, with projections suggesting a cumulative demand of 300 000 workers for the energy, mining and forest sectors by 2021.

Quote

"Our energy future is bright if we remain committed to building a strong, adaptable and dynamic workforce that can meet the increasing demands of global competition more effectively. We know that if we want to drive the economy forward, we need to have people with the right skills for the jobs of tomorrow, including those in the nuclear industry."
- The Honourable Kevin Sorenson, Minister of State (Finance)

Associated Link

Economic Action Plan 2014

Backgrounder

The Government of Canada is taking action to ensure Canadians can make better choices and get the skills and training that employers are looking for.

Canada Job Grant

The Canada Job Grant will help Canadians get the training they need for available jobs and put skills training decisions in the hands of employers. It will provide up to $15,000 per person for training costs, including tuition and training materials, which includes up to $10,000 in federal contributions. Employers would be required to contribute on average one-third of the total costs of training.

The Canada Job Grant is strongly supported by employers and other stakeholders including:

  • The Building and Construction Trades Department, AFL-CIO;
  • Canadian Federation of Independent Business;
  • Canadian Manufacturers and Exporters;
  • Canadian Construction Association;
  • Information Technology Association of Canada;
  • Welding Bureau; and
  • Engineers Canada.

Support for Post-secondary Education and Apprentices

Post-secondary education is vital to Canada's economic growth and future prosperity. That is why the Government of Canada continues to invest in post-secondary education, including apprenticeships, to make sure it is accessible for all Canadians through education savings incentives, loans, grants, tax credits, tax deductions and support for training programs.

Post-secondary Education

The Centre for Skills and Post-Secondary Education is a major five-year initiative launched by the Conference Board of Canada to address Canada's advanced skills and education challenges. More information is available from the Conference Board of Canada.

Support for Apprentices

Economic Action Plan 2014 announced new programs and support for apprentices including the following:

  • The Canada Apprentice Loan that will expand the Canada Student Loans Program to provide apprentices registered in Red Seal trades with access to over $100 million in interest-free loans each year ($25.2 million over two years and $15.2 million per year on an ongoing basis).
  • The Flexibility and Innovation in Apprenticeship Technical Training Pilot project that will expand on the use of innovative approaches to apprentice technical training ($13 million over four years).
  • The Employment Awareness Initiative for Apprentices that will increase awareness of the financial supports available to support apprenticeship training.

New budget measures will work with existing supports including a number of grants and tax credits for apprentices and employers.

The Apprenticeship Incentive Grant and Apprenticeship Completion Grant encourage Canadians to pursue and complete apprenticeship training in designated Red Seal trades. As a result of these grants, apprentices could be eligible to receive up to $4,000, which can be used to pay for tuition, tools and expenses. To date, the Government of Canada has issued over a half-billion dollars in apprenticeship grants to Canadians.

The Apprenticeship Incentive Grant is a $1,000 taxable cash grant for apprentices who complete the first and/or second level of their apprenticeship program in a designated Red Seal trade, to a maximum of $2,000.

The Apprenticeship Completion Grant is a $2,000 taxable cash grant for eligible apprentices who successfully complete their apprenticeship training and receive their journeyman certification in a designated Red Seal trade.

The Government of Canada also offers a tax credit to employers to encourage them to hire apprentices and a tax deduction for apprentices and tradesmen to help cover the cost of new tools.

Support for Youth

The Government of Canada supports youth employment through a number of investments and initiatives including:

  • Allocating $40 million over two years to support up to 3 000 full-time internships in high-demand fields for post-secondary graduates. A portion of this investment will go to the National Research Council's Industrial Research Assistance Program to support youth internships in small and medium-sized enterprises undertaking technical research and development projects.
  • Reallocating $15 million annually within the Youth Employment Strategy to support up to 1 000 internships for recent post-secondary graduates in small and medium-sized businesses.
  • Improving the Youth Employment Strategy to better align with job market realities to ensure federal investments in youth employment are more effective and provide young Canadians with real-life work experience in high-demand fields.

SOURCE Employment and Social Development Canada

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists discussed...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists examined how DevOps helps to meet the de...
What's the role of an IT self-service portal when you get to continuous delivery and Infrastructure as Code? This general session showed how to create the continuous delivery culture and eight accelerators for leading the change. Don Demcsak is a DevOps and Cloud Native Modernization Principal for Dell EMC based out of New Jersey. He is a former, long time, Microsoft Most Valuable Professional, specializing in building and architecting Application Delivery Pipelines for hybrid legacy, and cloud ...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
After more than five years of DevOps, definitions are evolving, boundaries are expanding, ‘unicorns’ are no longer rare, enterprises are on board, and pundits are moving on. Can we now look at an evolution of DevOps? Should we? Is the foundation of DevOps ‘done’, or is there still too much left to do? What is mature, and what is still missing? What does the next 5 years of DevOps look like? In this Power Panel at DevOps Summit, moderated by DevOps Summit Conference Chair Andi Mann, panelists loo...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
SYS-CON Events announced today that Ayehu will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara California. Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infras...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...