Investing in Skills
McGuinty Government Banks On The Education And Skills Of Ontarians
The Ontario government will invest in skills training for Ontario workers, including a new, longer-term skills training program for up to 20,000 people.
Premier McGuinty says these new budget initiatives will help move the Ontario economy forward by improving workers' skills and education.
Tuesday's budget is part of the government's five-point plan to grow the economy and includes:
- Investing $1.5 billion for skills training through the Skills to Jobs Action Plan
- Infrastructure improvements in every municipality in Ontario that will create 10,000 jobs during construction
- Lower costs for businesses by eliminating the capital tax for manufacturers
- Partnerships with forward-looking businesses to create jobs through the Next Generation of Jobs Fund
- Support for research and development to turn homegrown ideas into Ontario jobs.
- Budget announcements to support skills include:
- An investment of $200 million over three years for new and expanded skills training centres
- $75 million over three years to further expand the number of apprentices
- An investment of $355 million over three years in a new Second Career Strategy to train 20,000 Ontario workers.
“Our economic plan is about building opportunity for Ontario families. Because what matters most to our economy is when a mom or dad can come home and proudly announce: 'I got the job'.”