The global landscape is shifting rapidly, creating uncertainty and challenges for workers, industries and communities across Canada. In a rapidly changing world, we are focusing on what we can control: building a stronger more resilient Canada. This calls for decisive action to protect jobs, strengthen local economies and ensure workers can adapt to changing economic realities.
Today, the Honourable Patty Hajdu, Minister of Jobs and Families and Minister responsible for the Federal Economic Development Agency for Northern Ontario, visited the NuBuild and Oakwood headquarters in Ottawa to announce an investment of up to $94.5 million over five years through the Sectoral Workforce Solutions Program (SWSP). This investment will produce consistent, foundational labour market information (LMI) across key sectors, providing the information needed to help better coordinate the supply and demand of skilled labour while supporting a stronger economy.
Through this initiative, 14 organizations will develop a range of informational products and employer toolkits to help workers and businesses adapt to current labour market challenges. Tools such as forecast reports and dashboards on topics like job vacancies by key occupations and sector-specific growth opportunities will offer job seekers, workers, employers, and training providers a clear understanding of shared challenges, as well as a detailed view of the unique needs within each sector. These coordinated efforts will ultimately help reduce skills shortages, improve job readiness, and support long-term growth across multiple industries.
The investment will support organizations in key sectors, including construction, trucking, advanced manufacturing, aerospace, tourism, forestry, agriculture, mining, energy, information and communications technology, the environment, and the bio-economy. The results of these projects will help focus future efforts, as Canada works to build a stronger, more independent economy and ensure that workers and industries will be ready.
