May 22, 2009
FREDERICTON (CNB) - New Brunswick will be receiving $43 million in federal funding for employment and training programs under an agreement signed today between the federal and provincial governments.
Post-Secondary Education, Training and Labour Minister Donald Arseneault, and Greg Thompson, minister of veterans affairs, made the announcement.
"More New Brunswickers will now have access to enhanced employment and skills development programs, which will ultimately assist in filling gaps in the skilled labour market," said Arseneault. "We want to make the best use of the skills and talents of New Brunswickers so that they can contribute to our economy and help us achieve our goal to be self-sufficient by 2026."
This new funding is in addition to the about $207 million that will be provided to the province over the next two years for employment and training programs under existing agreements. The new federal investment will create more job opportunities, through skills development, that will help about 4,300 New Brunswickers return to work.
"Our government is taking quick action to counter the effects of the economic downturn," said Thompson. "Through Canada's Economic Action Plan, our government is supporting Canadians by providing new opportunities for short- and long-term skills upgrading that will prepare them for the jobs of the future."
Thompson attended on behalf of Diane Finley, minister of human resources and skills development.
Under the new agreement, the Government of Canada is investing $29 million that the Government of New Brunswick will use to provide employment and training programs to industries and employment-insurance-eligible residents. The funds will increase workplace literacy and skills, develop employment action plans, and provide targeted labour market information. The balance of $14 million over two years will support provincial initiatives that help workers whether or not they are eligible for employment insurance. With a focus on low-skilled workers, programs will help workers retain their jobs or make the transition to new ones.
This is part of $1.5 billion in new investments over the next two years announced by the federal government to respond to the economic downturn by providing training and skills development for more than 150,000 workers in Canada.
More information about Canada's Economic Action Plan may be found online.
MEDIA CONTACTS: Sheri Strickland, Department of Post-Secondary Education, Training and Labour, 506-453-8617; Michelle Bakos, press secretary, Office of Diane Finley, 819-994-2482; media relations office, Human Resources and Skills Development Canada, 819-994-5559.