The feds announced the $625 million cut to Labour Market Transfer Agreements (LMTAs) before the budget in April.
Atlantic Ministers are concerned how federal workforce funding cuts are hurting people. They met last week to talk about next steps and are asking that these cuts be reversed. The feds announced the $625 million cut to Labour Market Transfer Agreements (LMTAs) before the budget in April. This money helped people find and maintain jobs in sectors facing critical labour shortages such as construction, early learning childcare, and healthcare. These programs support persons with disabilities, Indigenous Peoples, women and newcomers, helping them to get the training and supports necessary to secure meaningful work, while also assisting employers to meet their labour demands. Coming mostly from the Employment Insurance (EI) account that Canadian workers and employers pay into, this decision means a $62.3 million annual reduction in funding for skills training and employment initiatives in Atlantic Canada. The federal government has yet to clarify where the funding taken from LMTAs is being spent.
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