October 16, 2024 (Gatineau, Quebec) Employment and Social Development Canada
When communities are hit with mass layoffs, the long-term impacts of unemployment affect everyone. As economies grow and change, there needs to be supports in place to help workers transition into new opportunities.
That is why today, Minister of Employment, Workforce Development and Official Languages, Randy Boissonnault, while hosting Workforce Summit 2024 in Montreal, announced the launch of the Canada Retraining and Opportunities Initiative call for proposals. This $30 million fund will be provided to projects that bring together community-based organizations, that provide new skills training opportunities for workers.
The Canada Retraining and Opportunities Initiative is part of the Government's response to significant job losses impacting a community and provides funding to address exceptional situations. This initiative will help bolster community resilience by complementing existing programs and services to help displaced workers transition into new jobs.
