Government Support of Skilled Trades Training Increases | March 1, 2014
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The Government of Canada continues to improve support for the skilled trades in an effort to connect Canadians with available jobs.

First, the previously announced Canada Jobs Grant looks very close to official launch.  Negotiations between the federal and provincial governments have been ongoing over the last six months.  It now appears that two thirds of the available funding (estimated at $10,000 per employee) will now come from the federal government and the remaining one third will be employer contribution. These figures are not final yet but have been used as examples on multiple occasions in government releases.  As more detail on application and eligibility for this program becomes available, CNLA will advise the membership.

In the most recent budget, the new Canada Apprentice Loan was announced.  Apprentices registered in their first Red Seal trade apprenticeship will be able to apply for interest-free loans of up to $4,000 per period of technical training. Interest charges and repayment of Canada Apprentice Loans will not begin until after loan recipients complete or terminate their apprenticeship training program. At least 26,000 apprentices per year are expected to apply for over $100 million in loans.  Further details are expected over the coming months.

Last updated: 2/28/2014 3:42:06 PM
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