Together We're Building A High-Skills, High Wage Economy
TORONTO, Sept. 10, 2011 /CNW/ - The Ontario Liberal Plan will help
highly educated new Canadian citizens get on-the-job training needed to
be certified in their chosen profession, Linda Jeffrey, Minister of
Natural Resources in the Ontario Liberal government said today.
"We have too many engineers and architects driving taxis and mopping
floors," Jeffrey said. "We need everyone at their full potential and
contributing to our economy, so we can create even more jobs."
Too often, highly educated new Canadian professionals face barriers
gaining the on-the-job training and Canadian work experience they need
to become certified in their profession. The new No Skills Left Behind
Training Credit would provide a tax credit worth up to $10,000 for
business expenses related to on-the-job training for up to one year.
It is anticipated the tax credit would help about 1,200 Ontarians
annually gain training they need to be recognized in their profession.
This builds on other training programs and tax credits that help
Ontarians train for new jobs. For example, workers laid-off during the
global recession can be retrained for a second career. The Second
Career program has supported over 47,000 Ontarians so far in long-term
retraining programs, providing up to $28,000 in direct support for
tuition and living expenses. To date, 75 per cent of graduates have
Other programs and training tax credits already available to Ontarians
and businesses include:
Apprenticeship Training Tax Credit — up to $10,000 per year for 4 years
to help with cost of in-school training
Nursing Graduate Job Guarantee — placed over 10,000 new nurses in jobs
Summer Jobs Strategy — helps 100,000 students gain on-the-job experience
Targeted Initiative for Older Workers — helps older workers increase
their ability to find and keep a job while the local economy changes
Small Business Enterprise Centres — helped over 11,500 businesses last
year create over 13,000 jobs
"Ontario's economy is on track, but we all need to be at our best in
order to compete and win," Greg Sorbara, MPP for Vaughan said. "This is
all about making sure no skills are left behind, strengthening our
economy and creating even more jobs."
SOURCE Ontario Liberal Party
For further information:
Ontario Liberal Party Media Office:
416 961-3800 ext. 328