Fostering Talent and Skills for the New Economy

March 18, 2014 – Government Increasing Skilled Labour Force, Creating Jobs

Today Premier Kathleen Wynne hosted representatives from the business, labour and academic communities for Ontario’s first summit on Talent and Skills in the New Economy. She challenged participants to commit to implement one new initiative that will contribute to skills and talent development in the province.

At the summit, Ontario announced two projects under its new $25 million Youth Skills Connections fund. George Brown College and Ryerson University will use the investment to partner with business and labour to deliver specialized programs that will prepare 212 young people for jobs in the food, metal manufacturing and information communications technology sectors.

The summit focused on building partnerships and fostering collaboration across the education, business, labour and non-profit sectors to ensure the province’s economy remains prosperous and competitive. It is part of the government’s plan to ensure Ontario’s skilled labour force is prepared for the changing labour market.

Increasing Ontario’s skilled labour force is part of the government’s economic plan that is creating jobs for today and tomorrow. The comprehensive plan and its six priorities focus on Ontario’s greatest strengths — its people and strategic partnerships.

QUICK FACTS

The Youth Skills Connections program is part of Ontario’s Youth Jobs Strategy, which is creating employment opportunities for about 30,000 youth, while promoting innovation and entrepreneurship.

  • The Youth Jobs Strategy includes three other funds: the Youth Employment Fund, the Youth Entrepreneurship Fund and the Youth Innovation Fund.
  • Since it launched in September 2013, the Youth Employment Fund has created more than 9,000 job placements.
  • Ontario created Second Career in 2008 to help unemployed, laid-off workers train for a new career.

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