The plan to create good jobs and grow a strong, more sustainable economy. The strategy is made up of three interrelated priorities:
- Learning the right skills for good jobs
- Growing the economy through innovation
- Helping businesses be more competitive globally
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There are programs available to support these priorities.
The Productivity Investment Program
Workplace Innovation and Productivity Skills Incentive funding is available to companies to encourage investment in skills development and certification. This program can help companies adapt to the introduction of new technology and innovative processes, improve productivity, and strengthen international competitiveness.
- Different cost sharing arrangements are available depending on the size of the business and level of incentive sought. The minimum training incentive for businesses under WIPSI is $5,000.
- Small businesses under 50 employees seeking a training incentive between $5,000 and $10,000 are not required to contribute cash but an in-kind contribution is required. Small businesses seeking incentives in excess of $10,000 are required to share costs.
- Larger businesses with 50 or more employees and industry associations, applicants may apply for support up to a maximum of 50% of eligible costs. Additional criteria may apply, complete program details can be found here.