Tuesday, March 3rd3.2°C
25405
23715

Provinces and territories to discuss federal counteroffer on Canada Job Grant

OTTAWA - Ontario says taking hundreds of millions of dollars from provincial and territorial job training programs is still a sticking point in talks over a contentious federal proposal.

The proposed Canada Job Grant is supposed to provide $15,000 grants to eligible workers, with the cost divided among Ottawa, the provinces and employers.

But the provinces have resisted, saying it would take drain hundreds of millions of dollars from existing provincially run programs while asking them to pony up even more money for matching funds.

Jason Kenney, the minister in charge of getting a deal with the provinces, has offered to cover their portion of the proposed grants.

But his Ontario counterpart Brad Duguid says while that covers the additional $300 million that the provinces would have to find, it would still take $300 million out of their existing programs.

The other provincial and territorial ministers are expected to weigh in during a conference call today to discuss a Kenney counterproposal.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX15133.85-130.20
S&P CDNX702.30-2.05
DJIA18203.37-85.26
Nasdaq4979.901-28.195
S&P 5002107.78-9.61
CDN Dollar0.8006+0.0031
Gold1220.40+7.80
Oil51.59-0.55
Lumber293.00-6.50
Natural Gas2.699-0.035

 
Okanagan Companies
Pacific Safety0.13-0.005
Knighthawk0.010.00
QHR Technologies Inc1.600.00
Cantex0.035-0.005
Anavex Life Sciences0.175-0.005
Metalex Ventures0.0450.00
Russel Metals25.21-0.33
Copper Mountain Mining1.25-0.04
Colorado Resources0.1350.00
ReliaBrand Inc0.0065-0.0015
Sunrise Resources Ltd0.045-0.005
Mission Ready Services0.215-0.01

 





FEATURED Property
1993686651 Denali Crt
4 bedrooms 3 baths
$1,049,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Refinance your mortgage?

Canadian Mortgage rates are low and could be dropping down in time for the spring market following a drop in the Bank of Canada Rate on January 21 by 1/4% which will save new buyers and those with mo...


Creating your retirement vision

A vision means different things to different people. To the head of a large corporation, it’s the ability to chart a course that will deliver success (think Steve Jobs and Apple), to a shaman, i...


Are you asking the right questions?

Have you ever had this happen to you? You are in the middle of your second or third good discussion with a prospect and everything seems to be going great. The prospect seems engaged and happy to work...

_








Member of BC Press Council


24681