ST. JOHN'S, July 7, 2014 /CNW/ - Scott Armstrong, Parliamentary Secretary to the Minister of Employment and Social Development, today hosted a roundtable on how to strengthen the Labour Market Development Agreements (LMDAs). This is part of a series of roundtables that Mr. Armstrong will host, in cooperation with provincial and territorial governments, across Canada.
As part of its plan for creating jobs, economic growth, and long-term prosperity, the Government of Canada is committed to transforming LMDAs to reorient training toward labour market demand. It is expected that the new LMDAs will better connect Canadians with available jobs by ensuring they have access to training for the skills employers need. Funded through the Employment Insurance (EI) program, the Government of Canada transfers over $2 billion annually to the provinces and territories through the LMDAs to provide skills training to EI clients and employment services to all unemployed Canadians.
The roundtables give governments, employers, and other stakeholders an opportunity to discuss how to make the LMDAs more employer-driven and responsive to the needs of the labour market. The roundtables also give the Government of Canada valuable insight on local skills shortages and gaps.
- While the economy in Newfoundland and Labrador was strong in 2013 and labour market conditions continue to improve, unemployment remained high at 11.4%.
- In 2013-2014 the Government of Canada transferred over $140 million to Newfoundland and Labrador for skills training, including $129 million for unemployed Canadians through the LMDAs.
- As the single largest labour market transfer to provinces and territories, LMDAs help over 600,000 Canadians every year.
- Economic Action Plan 2014 proposes several measures to create jobs and opportunities, such as the Canada Job Grant, the Canada Apprentice Loan, and supporting under-represented groups, including youth and older workers.
"Through Economic Action Plan 2014, our Government continues to create jobs and pave the way for long-term prosperity by putting skills training at the forefront. The new generation of Labour Market Development Agreements will result in greater employer involvement in training to ensure that Canadians are equipped with the skills employers need now and in the future. "
—Scott Armstrong, Parliamentary Secretary to the Minister of Employment and Social Development
SOURCE: Canada's Economic Action Plan
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