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Ontario investing $1B in Skills Development Fund to support workers

  • The Ontario government announced on May 8, 2025, it will expand the Skills Development Fund by nearly $1 billion over three years to support workers across the province.
  • The expansion responds to economic uncertainty and U.S. Tariffs impacting industries like manufacturing and aims to protect workers affected by layoffs.
  • The total Skills Development Fund will reach $2.5 billion, including $705 million in new training funding and $150 million for capital investments in training facilities starting in 2025-26.
  • Premier Doug Ford assured affected employees and their families that the government remains fully committed to supporting them throughout the challenges posed by tariffs.
  • This investment aims to train and reskill Ontario workers, strengthen the economy, and ensure workers have the support needed to find good-paying jobs in the province.
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Canadian Manufacturing broke the news in on Tuesday, May 6, 2025.
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