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

  • The Ontario government announced a $1 billion expansion of the Skills Development Fund starting in 2025-26 to support workers across the province.
  • This expansion responds to economic uncertainty and U.S. tariffs impacting industries like manufacturing and health care, increasing the need for worker training.
  • The fund will total $2.5 billion over three years, with $705 million in new funding from the 2025 Ontario Budget, plus additional investments to build training facilities and programs.
  • Premier Doug Ford acknowledged the effects that President Trump's tariffs and the resulting economic uncertainty have had on Ontario workers, assuring them and their families that the government remains committed to supporting them.
  • This funding aims to reskill workers facing layoffs and support better job opportunities, helping Ontario remain economically strong amid global challenges.
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Ontario is investing an additional $705 million in training the workforce in the face of U.S. President Donald Trump's tariffs.

·Montreal, Canada
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Canadian Manufacturing broke the news in on Tuesday, May 6, 2025.
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