Ontario Provides Training For Tooling And Machining Sector
McGuinty Government Helps Protect Jobs As Economy Continues To Turn Corner
Ontario is helping the Machine, Tool, Die and Mould Manufacturers (MTDM) sector become more competitive and protect more than 12,000 jobs.
With support from the province, the Canadian Tooling & Machining Association (CTMA) will provide advanced computer-aided design and manufacturing software training to its members. The training will help workers learn the skills in order for the sector to significantly improve tool design and manufacturing technologies in order to respond to customer demand for faster, more advanced and lower costs.
Partnering with local business is a key component of the plan laid out in Ontario's 2011 Budget -- Turning the Corner, to create and support 10,000 new and existing jobs for Ontario families and strengthen local economies.
- Ontario is providing $900,000 in funding from the Communities in Transition program to support this training program.
- In 2008, the CTMA partnered with Ontario to successfully develop and deliver their Advanced Software Training Program. 72 Ontario companies received training and over 90 per cent of their trainees have retained employment within the field.
- The Canadian Tooling & Machining Association (CTMA) is a non-profit industry association that represents 140 companies with approximately 12,200 employees.
- The MTDM sector includes companies involved in the manufacture, repair and service of tools, dies, moulds, patterns, models, machine tools and machining services.
- In April, Ontario had an increase of 56,000 jobs and the unemployment rate declined to 7.9 per cent.
- As a result of the tax changes in Ontario, taxes on business investment were cut in half, making Ontario more competitive and encouraging new business investments.
“This collaboration is going to help ensure 140 companies are better able to meet the demands of the auto sector and other key markets. It ensures the Machine, Tool, Die and Mould Manufacturing sector remains competitive, continues to contribute to Ontario's economy and keeps more than 12,000 Ontarians at work with leading edge jobs.”
“We are very pleased with this investment to increase employment and company skills which highlights the province's commitment to our sector and will go a long way to help keep good quality jobs here in Ontario.”