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
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you ...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 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 softw...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
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.
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., will discuss how these tools can be leveraged to develop a lasting competitive advanta...
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
VeriStor Systems has announced that CRN has named VeriStor to its 2017 Managed Service Provider (MSP) 500 list in the Elite 150 category. This annual list recognizes North American solution providers with cutting-edge approaches to delivering managed services. Their offerings help companies navigate the complex and ever-changing landscape of IT, improve operational efficiencies, and maximize their return on IT investments. In today’s fast-paced business environments, MSPs play an important role...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...