Edmonton, Alberta - Employment and Social Development Canada - The nature of work is changing. To keep our economy strong and growing, Canadians will need the right skills to take on the jobs of tomorrow. The new Canada Training Benefit will give Canadians the support and security they need to advance their careers.
The Honourable Patty Hajdu, Minister of Employment, Workforce Development and Labour, was at the Northern Alberta Institute of Technology today to highlight the Canada Training Benefit, a new measure that would give Canadian workers a tax credit to help pay for training, provide income support during training and offer job protection. The benefit would include:
- a $250 per year, non-taxable Canada Training Credit, up to a lifetime limit of $5,000, to help eligible workers cover tuition and training-related costs;
- a new Employment Insurance (EI) Training Support Benefit to provide income support when an individual requires time off work to train;
- new leave provisions under the Canada Labour Code that would allow federally regulated workers to take time away from work to pursue training; and
- an EI Premium Rebate for Small Businesses to help offset the upward pressure on EI premiums.
Over the spring, the Government will engage stakeholders, including provinces and territories, on the final design of the EI Training Support Benefit and associated leave provisions.
Source : Government Of Canada