Federal, Ontario governments spending almost $60m to train older workers

The governments of Ontario and Canada are spending almost $60 million to retrain 5,000 older workers who live in communities hit by the recession.

OTTAWA — The governments of Ontario and Canada are spending almost $60 million to retrain 5,000 older workers who live in communities hit by the recession.

The two governments are spending a combined $58.5 million over three years to provide training and help finding new jobs for people between the ages of 55 and 64.

The money is specifically targeted at hard-hit single-industry towns or areas that are dealing with high unemployment rates.

The federal funding was announced in last January’s budget, but Ottawa has not spent any of the money in Ontario before now due to the lack of an agreement.

Ottawa’s Human Resources Minister Diane Finley and Ontario’s minister of training John Milloy are announcing the deal in Oshawa, where the recession has gutted the auto industry.

Labour groups say the funding is an important way to help bridge unemployed older workers to retirement, when they can collect pension and other government benefits.

Just Posted

Red Deer mall repurposes former Sears location

The Great Indoors Market at Bower officially launches Nov. 10

Red Deer-area businesses prepare for economic boost from Canadian Finals Rodeo

Hotels, restaurants, gift shops get ready for rodeo fans

Sylvan Lake considering banning charcoal barbecues in lakefront parks

Town council wants more information on concerns about charcoal barbecues and over-sized tents

Winter Games relocates its Volunteer Centre

Now open at Bower Place in Red Deer

Drouin scores deciding goal as Canadiens hold off Flames in 3-2 win

MONTREAL — Flames goalie David Rittich did everything he could to keep… Continue reading

Coalition of consumer groups calls for new code of conduct for telecom sales

A new government-backed code of conduct is needed to protect consumers from… Continue reading

Canadian National Railway rakes in record revenues amid concerns over capacity

MONTREAL — Canadian National Railway Co. says it raked in the highest… Continue reading

Alberta Party candidates set for Red Deer

The Alberta Party will have candidates running in both Red Deer-South and… Continue reading

Montreal Alouettes defensive lineman Woody Baron co-authors children’s book

TORONTO — Woody Baron finds the spectre of tangling with a hulking… Continue reading

Sundin not surprised Leafs asking stars to take less money to stay together

TORONTO — Mats Sundin isn’t surprised the Toronto Maple Leafs are asking… Continue reading

Anywhere but Washington: Why DC stories rarely film in DC

WASHINGTON — It’s a hobby among District of Columbia locals: Picking apart… Continue reading

‘Halloween’ scares up $77.5 million in ticket sales

LOS ANGELES — Forty years after he first appeared in theatres, Michael… Continue reading

Most Read