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Ottawa opens up $430M for training facilities, equipment in skilled trades - BNN Bloomberg

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Photo credit : A worker stands on top of the Centre Block buildings below the Peace Tower on Parliament Hill in Ottawa on Tuesday, Sept. 8, 2026. THE CANADIAN PRESS/Adrian Wyld

The Front Bench panel talks about the different factors pushing Canada's youth unemployment rate higher and what Ottawa can do to lower it. The federal government plans to spend $430 million over the next five years to help unions train a new generation of workers in the skilled trades. John Zerucelli, secretary of state for labour, announced Thursday that Ottawa is opening applications for access to the new pool of funding, most which comes from an expansion to the Union Training and Innovation Program launched in 2017. The federal government says in a news release that unions and training providers will be able to apply for extra capital to expand their training facilities and other infrastructure. Expressions of interest are open until Nov. 12 and the government is looking for shovel-ready projects that can begin next spring. Latest economic news on BNNBloomberg.caThe government is also now accepting ongoing applications to offset the cost of equipment for training and is temporarily boosting the share it covers to 70 per cent, up from 50 per cent previously.

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