August 05, 2026 12:55 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Kejriwal marches to PM Modi's residence over E20 petrol, alleges 'Trump pressure' behind policy | DMK slams Vijay government over Udhayanidhi's arrest, calls it 'blatant cowardice' | Tamil Nadu political storm: Udhayanidhi Stalin arrested after Trisha remark row | Faridabad teacher stabbed 34 times in 30 seconds at school gate; shocking CCTV details emerge | 'It was a conspiracy': Brij Bhushan reacts after acquittal in wrestlers' sexual harassment case | After NEET protests, CJP backs Jharkhand students' agitation over alleged JPSC-JSSC exam irregularities | Brij Bhushan acquitted: Delhi Court clears ex-WFI chief in high-profile wrestlers' sexual harassment case | India finishes 4th at Commonwealth Games 2026 with 39 medals despite missing medal-rich sports | Kulgam terror attack turns deadlier: Second Chhattisgarh worker succumbs to bullet injuries | 'I'm ashamed': Girl who abused PM Modi during NEET protests issues apology
Canada Economy
Photo: Mark Carney/X

Canada unveils $6 billion skilled trades program to address labor shortages

| @indiablooms | May 01, 2026, at 12:18 pm

Ottawa: Canadian Prime Minister Mark Carney on Friday announced a C$6 billion ($4.4 billion) national programme aimed at expanding the country’s skilled trades workforce as demand for labour grows across construction, infrastructure and energy sectors.

The initiative, called "Team Canada Strong", seeks to recruit, train and employ between 80,000 and 100,000 additional trades workers over the next five years. The programme was outlined as part of the government’s Spring Economic Update.

According to a statement, the plan is intended to address barriers to entering the trades, including training costs, limited apprenticeship opportunities and delays in certification.

The programme allocates C$2 billion to support paid job placements for young workers that transition into registered apprenticeships.

It also includes the creation of a national apprenticeship service designed to connect trainees with employers and subsidise first-year wages.

An additional C$331 million over five years will be directed toward modernising apprenticeship systems, including efforts to digitise certification processes under the Red Seal Program.

Measures include the introduction of online exams, digital credentialing and a standardised national apprenticeship identifier.

To support hiring and retention, the government will provide C$3.4 billion over five years, along with ongoing funding, to assist apprentices in completing training and transitioning into full-time employment.

Incentives include a one-time completion bonus of C$5,000 for certified workers and a weekly stipend during required in-class training periods.

The government said in a statement that total direct financial support for apprentices could reach up to C$16,000 per participant, in addition to existing employment insurance benefits.

Separate funding of C$250 million will be allocated to expand trades training capacity within the Canadian Armed Forces, including new programmes aimed at providing early exposure and technical training opportunities.

Government projections indicate Canada will require more than 1.4 million additional trades workers by 2033 to meet demand tied to housing, transportation and energy infrastructure projects.

The announcement follows other recent economic measures, including the launch of the Canada Strong Fund, which is designed to encourage domestic investment in national development projects.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.