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Atlantic ministers worry what funding cuts will mean for employers, potential workers

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June 17, 2024
By Talent Canada

The 2024 federal budget unexpectedly cut $625 million from workforce development programs that help employers meet labour demands in sectors facing critical shortages, such as construction, early learning childcare, and health care. Now Atlantic Canada’s workforce ministers are demanding the federal government reverse its decision.

The affected programs support people with disabilities, Indigenous people, women and newcomers, helping them get the training and support needed to secure meaningful work with employers who struggle to fill vacant roles from the existing labour pool.

With this cut, the labour market transfer agreement (LMTA) funding will revert back to pre-2017 levels.

According to a release from the Atlantic Ministers, this means a $62.3 million annual reduction in funding for skills training and employment initiatives in Atlantic Canada, and they fear how this cut may impact the 8,500 employers and organizations, and 120,000 individuals who benefit from these programs each year.

“Atlantic ministers remain resolute with all provincial and territorial ministers that worker training is a national priority under provincial-territorial jurisdiction and continue to advocate fiercely for workers and employers,” the release concluded.

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