Kerry-Lynne Findlay

Federal budget commits to skills training: minister

NANAIMO – Minister of National Revenue Kerry-Lynne Findlay spoke to Greater Nanaimo Chamber of Commerce last week.



The 2014 federal budget shows the government’s commitment to the workforce of the future, according to a federal cabinet minister.

Minister of National Revenue Kerry-Lynne Findlay spoke to the Greater Nanaimo Chamber of Commerce last week about the federal budget, which she said adhered to three points, including a focus on supporting jobs and growth.

“We have created the Canada Apprentice Loan to help register apprentices in the Red Seal trades with the cost of training,” Findlay said. “They already have some help and support but this will be loans up to $4,000, interest free, for those registered in those Red Seal apprentice programs.”

She said the budget includes the introduction of the Flexibility and Innovation and Apprentice Technical Training pilot project, which she said will support apprentice programs across the country.

Of interest to non-trade-related small and medium-sized businesses is a commitment to internships, which Findlay said would promote mentoring and on-the-job training and as well, there would be a focus on general and federal investments in youth employment to provide real-world work experience in fields where there is high demand for workers.

The government dedicated $40 million for 3,000 internships in high-demand occupations over the next two years and an annual amount of $15 million a year will support 1,000 internships for recent university graduates for small- and medium-sized businesses.

The budget also takes older workers into consideration, as Canada has a “varied workforce,” according to Findlay. A $75-million investment over three years has been made to help older, unemployed workers and $15 million has been pledged over three years to help workers with disabilities.

“We all know people [who] have been out of the workforce for a little bit [and] they want to get back in or they need to upgrade their skills – this is going to help with that,” she said. “We’re also supporting Canadians with disabilities who are looking for work by making key investments in the Ready, Working and Able initiative.”

Along with employment initiatives, the budget will also reduce hurdles that have been hindering small businesses, including a reduction of tax compliance for small- and medium-size businesses and a revision of the remittance thresholds for employer-sourced deductions in order to reduce the number of payments that is a business is required to prepare.

The move will eliminate 800,000 payroll remittances, which will help 50,000 small businesses across the country, Findlay said.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Best of the City: Cannabis store’s customer service impresses

Mood Cannabis Co. finishes second for Best Customer Service in reader survey

Best of the City: Live-streaming in quarantine

Arts and entertainment community resilient in the face of a pandemic

Tour de Rock arrives in Nanaimo, now it’s off to the next station

Cops for Cancer team completes Nanaimo section of Vancouver Island cycle relay

Best of the City: Burger joint is tops in Nanaimo

Newly opened Top Notch Burgers Grill and Lounge voted Best Hamburgers

Best of the City: Breathe easy

Modo Yoga wins Best Yoga Studio category during challenging time for health and wellness businesses

Tour de Rock arrives in Nanaimo, now it’s off to the next station

Cops for Cancer team completes Nanaimo section of Vancouver Island cycle relay

B.C. VOTES 2020: B.C. Liberals vow to eliminate sales tax for a year

From 7% to zero, then back in at 3% to stimulate economy

Best of the City: This year’s winners

Nanaimo News Bulletin presents full results of our 2020 Best of the City readers’ survey

Nanaimo school district sees ‘unprecedented’ increase in distance-ed students

School District 68 hires teachers to support distance learning and transition program pupils

LETTER TO THE EDITOR: Mask rules inconsistent

Letter writer says he won’t pay fine for violating COVID-19 Related Measures Act

Vancouver Island couple’s sheep farm dream disrupted by high lumber price

The solar powered farm project in Sayward will be set back by three years if the lumber price continues to remain high

The holiday everyone needs this year: Vote for your favourite in Fat Bear Week 2020

Voters will get to decide who gets to take home this year’s most coveted prize

End of CERB means uncertainty for some, new system for others

As of a week ago, the CERB had paid out $79.3 billion to 8.8 million people

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Most Read