20 August 2009
Yellowknife, Northwest Territories
ABOUT THE AGREEMENTS
These agreements give Canadians in the territories access to the skills and training necessary to find and keep good jobs, whether they qualify for Employment Insurance (EI) or not.
Labour Market Development Agreements (LMDA) support territorial programming providing employment benefits and measures for EI-eligible clients, while Labour Market Agreements (LMA) help those unemployed who are not eligible for assistance under EI or who are low-skilled and in need of skill enhancements. The two agreements work in cooperation to ensure that everyone has access to training programs.
The Strategic Training and Transition Fund (STTF) is an additional $500 million, two year investment announced as part of Canada’s Economic Action Plan, which provides flexible tools for provinces and territories to assist both EI, and non-EI eligible clients during the economic downturn. The new STTF funding is delivered through the LMAs.
These investments will complement the territorial governments’ existing investments in these areas and support our common objective to have the right people with the right skills at the right time.
FOR THE YUKON
Yukon will receive $ 4.4 million over the next two years under the new LMA, including funding for the Strategic Training and Transition Fund (STTF), and $ 7.3 million under the new transfer LMDA, with $844,000 in additional funding.
FOR NORTHWEST TERRITORIES
Northwest Territories will receive close to $ 5 million under the new LMA over the next two years, including funding for the STTF, as well as $886,000 of additional funding through an amendment to its existing LMDA.
FOR NUNAVUT
Nunavut will receive over $4.6 million over the next two years under the new LMA, including funding for the STTF, as well as close to $1.5 million of additional funding through an amendment to its existing LMDA.
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