On March 28, 2014, the Ontario government signed the Canada-Ontario Job Fund Agreement with the federal government.
The Agreement will provide Ontario with approximately $192 million each year for six years to support training and employment services that support the province's more marginalized, vulnerable people. The Agreement will ensure that people who are out of work and who are not eligible for training from Employment Insurance (EI), as well as workers who have a low level of skills, continue to benefit from effective programs and services.
The Agreement also supports the launch of the Canada-Ontario Job Grant, which will encourage more employers to invest in the skills of their employees. Employers will be required to make a financial contribution toward the cost of training in order to qualify for funding under the Grant.
Investments through Canada-Ontario labour market funding agreements help Ontarians receive the skills training and supports they need to succeed in the workplace, including employed individuals in need of skills upgrading, unemployed individuals (whether or not they are eligible for EI), newcomers into the job market, internationally-trained individuals working in low-skill jobs, and persons with disabilities.
Investments from this Agreement also complement key government-funded programs and services provided through Employment Ontario, including federally-funded programs for unemployed people who are eligible for EI under the Canada-Ontario Labour Market Development Agreement.