Two agreements have been signed by the governments of Canada and Nunavut to help connect Canadians with available jobs, says Leona Aglukkaq, minister of the environment, minister of the Canadian Northern Economic Development Agency and member of Parliament for Nunavut.
Through the Canada Job Fund, the government’s pledged to provide $500 million annually to the provinces and territories for investments in skills training.
So, under the Canada–Nunavut Job Fund Agreement, Nunavut will receive a total of $1 million—its per capita share of the available funding, plus $500,000 in supplementary funding to recognize the distinct labour market needs of the territory.
Also signed today was the new Canada–Nunavut Labour Market Agreement for Persons with Disabilities. This is the first time this agreement has been available to Nunavut, and it will provide $1.25 million per year to Nunavut for supporting disabled workers.
- According to the Conference Board of Canada, Nunavut’s real gross domestic product is expected to grow by 3.7% in 2015.
- The mining industry in Nunavut will be one of the most important economic drivers in the years ahead. It’s expected that Nunavut’s Meliadine Mine alone will generate approximately 1,500 direct jobs a year over the next two years.
- The Canada Job Grant will provide up to $15,000 per person for training costs, such as tuition and training materials, which includes up to $10,000 in federal contributions.
- Approximately 800,000 working-age Canadians with disabilities who are able to work aren’t currently doing so. Almost half of these individuals have some post-secondary education.