|By PR Newswire||
|March 21, 2014 10:30 PM EDT||
OLDS, AB, March 21, 2014 /CNW/ - Today, the Honourable Jason Kenney, Minister of Employment and Social Development, commended Olds College for preparing young Canadians to succeed in today's economy.
During his speech at Olds College's annual gala, Minister Kenney made particular reference to the impressive array of programs, each one with a proven record of ensuring Canadian youth get the skills employers are looking for in today's economy. Olds College is leading the way in training Canadian youth for jobs that are in demand in various sectors of the economy.
The Government of Canada is encouraging more Canadians to enter the skilled trades and employers to be more involved and invest in training. Through support for training programs, along with grants and tax credits, the Government of Canada encourages apprenticeships and careers in the skilled trades. Minister Kenney highlighted the need to encourage more young Canadians to consider a future in the skilled trades.
Through Economic Action Plan 2014, the Government is proposing the Canada Apprentice Loan to provide apprentices in Red Seal trades with access to interest-free loans of up to $4,000. This initiative will help more apprentices to complete their training.
The Government is also helping youth make better choices and get the skills and training that employers are looking for by enhancing learning and labour market information so they can make more informed education and career choices.
- One quarter of all English-speaking agricultural diploma recipients in Canada are Olds College graduates. The college's programs continue to evolve to meet the changing needs of industry and entrepreneurs.
- Ninety-six percent of Olds College graduates get jobs in their chosen fields within six months of graduating.
- A recent economic impact study found that Olds graduates in the regional workforce generated $99.7 million in added income through their higher earnings and the increased productivity of their employers.
- Countries with more young people graduating from vocationally focused programs reduce the risk of unemployment, according to the Organization for Economic Co-operation and Development's Education at a Glance 2013 report.
"Our government's top priorities are creating jobs, economic growth and
long-term prosperity. Olds College is doing a tremendous job preparing
Canadian youth for in-demand jobs in today's economy. Olds College is a
model for educators everywhere in ensuring that education and training
lead to jobs for graduates."
- The Honourable Jason Kenney, Minister of Employment and Social Development
Support for Youth and Apprentices
Support for apprentices
The Apprenticeship Incentive Grant and Apprenticeship Completion Grant are taxable cash grants that 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 or other expenses.
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.
Through Economic Action Plan 2013, the Government of Canada introduced measures to support apprentices and the skilled trades. This included encouraging the use of apprentices in federal construction and maintenance contracts and infrastructure projects, working with the provinces and territories to harmonize apprenticeship training and certification, and examining the use of practical tests as an assessment in certain skilled trades.
Economic Action Plan 2014 also proposes the Canada Apprentice Loan to provide apprentices registered in their first Red Seal trade with access to interest-free loans of up to $4,000 per period of technical training. This initiative will help more apprentices to complete their training and encourage more Canadians to consider a career in the skilled trades. The Government also plans to introduce the new Flexibility and Innovation in Apprenticeship Technical Training pilot project that will explore ways to allow apprentices to continue working while fulfilling the technical training requirements of their programs.
Tax credits and exemptions
Eligible students and apprentices may also benefit from a number of tax credits:
- Tuition tax credit: eligible fees paid to an educational institution may be eligible for the tuition tax credit. This includes licensing examination fees for skilled trades, such as examination fees paid to an educational institution, professional association, provincial ministry or other similar institution to take an occupational, trade or professional examination that is required to obtain a professional status or to be licensed or certified as a tradesperson.
- Education and textbook tax credits: a student may be entitled to claim non-tuition related costs of post-secondary education such as textbooks.
- Employed tradespersons tax credit: eligible apprentices may be able to deduct the cost of eligible tools purchased to earn employment income as a tradesperson.
- Tax exemption for all post-secondary scholarships and bursaries.
The Government of Canada also offers a tax credit to employers to encourage them to hire apprentices, including the Apprenticeship Job Creation Tax Credit (AJCTC). The AJCTC is a non-refundable tax credit equal to 10 percent of the eligible salaries and wages payable to eligible apprentices.
Youth Employment Strategy
The Youth Employment Strategy (YES) is the Government of Canada's commitment to help youth make a successful transition to the workplace. With annual funding of approximately $300 million, YES helps youth obtain career information, develop employment skills, find jobs and stay employed. YES includes the Skills Link and Career Focus programs and the Canada Summer Jobs initiative, which creates thousands of job opportunities for students every summer. Since 2006, the Youth Employment Strategy has helped more than 555,000 young people develop skills, to the benefit of the Canadian economy.
Initiative to provide youth with internships in high-demand fields
Through Economic Action Plan 2014, the Government of Canada is introducing an initiative to provide internships in high-demand fields to better align youth programming with the evolving realities of the job market and provide young Canadians with real-life work experience in high-demand fields such as science, technology, engineering, mathematics and the skilled trades.
The Government will strengthen youth programming by dedicating $40 million toward supporting up to 3,000 full-time internships for post-secondary graduates in high-demand fields for 2014-2015 and 2015-2016.
Of this amount, up to $30 million would be provided 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. The remaining $10 million will be delivered by Employment and Social Development Canada under the Career Focus component of the Youth Employment Strategy.
Enhanced labour market information
Economic Action Plan 2014 announced the creation a modernized and easy-to-use consolidated National Job Bank, providing job seekers and employers with timely access to job postings and consolidated labour market information.
This initiative complements recent and ongoing investments to provide better and timely labour market information. This information will help to inform young people about fields of study that are relevant to existing and forecasted demand for labour in particular occupations to help students make better choices about their education. Is it also are part of an ongoing strategy to leverage technology to better connect unemployed Canadians with available jobs.
SOURCE Employment and Social Development Canada
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
Aug. 3, 2015 12:30 PM EDT Reads: 194
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
Aug. 3, 2015 12:15 PM EDT Reads: 260
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his session at 17th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Partnerships at Com...
Aug. 3, 2015 11:48 AM EDT
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
Aug. 3, 2015 11:45 AM EDT Reads: 203
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Aug. 3, 2015 10:45 AM EDT Reads: 229
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
Aug. 3, 2015 09:45 AM EDT Reads: 359
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
Aug. 3, 2015 07:30 AM EDT Reads: 184
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Aug. 2, 2015 10:00 PM EDT Reads: 681
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
Aug. 2, 2015 06:00 PM EDT Reads: 1,135
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Aug. 2, 2015 05:45 PM EDT Reads: 516
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
Aug. 2, 2015 04:00 PM EDT Reads: 431
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Aug. 2, 2015 03:00 PM EDT Reads: 554
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
Aug. 2, 2015 11:45 AM EDT Reads: 482
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
Aug. 2, 2015 11:15 AM EDT Reads: 360
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
Aug. 2, 2015 09:00 AM EDT Reads: 1,699