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.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

COVID-19: Some central Albertans calling for mask wearing to become mandatory

Phone, wallet, keys, face mask. That could be the new checklist amid… Continue reading

QUIZ: Put your knowledge of Canada to the test

How much do you know about our country?

Sundre doctors leave local hospital

Other doctors have announced similar resignations in Athabasca, Rocky Mountain House, Canmore

‘This year is unlike any other’: Trudeau delivers Canada day address

Sophie Gregoire Trudeau and the Prime Minister release video celebrating the national holiday

Movement for Black Lives plans virtual national convention

Movement for Black Lives plans virtual national convention

Trump, top officials defend response to Russia bounty threat

Trump, top officials defend response to Russia bounty threat

Legal battle concludes for journalist charged after covering Labrador protest

Legal battle concludes for journalist charged after covering Labrador protest

Lighthizer celebrates USMCA, promises enforcement as trade deal comes into force

Lighthizer celebrates USMCA, promises enforcement as trade deal comes into force

Brazilian cowboy nears end of epic horse ride in Calgary

Brazilian cowboy nears end of epic horse ride in Calgary

N.B. anti-racism activist among those receiving Canada Day honours from GG

N.B. anti-racism activist among those receiving Canada Day honours from GG

Virtual Canada Day citizenship ceremony celebrates nurses, care workers

Virtual Canada Day citizenship ceremony celebrates nurses, care workers

Pence backs Arizona business closures in coronavirus hotspot

Pence backs Arizona business closures in coronavirus hotspot

Most Read