Advertisement

New federal provincial program expected to create 22,000 jobs in Alberta

Click to play video: 'New federal provincial program expected to create 22,000 jobs in Alberta' New federal provincial program expected to create 22,000 jobs in Alberta
The Alberta government says the new Alberta Jobs Now program will encourage private and non-profit businesses to hire staff over the next year and help the economy recover. As Tom Vernon explains, it could help as aany as 22,000 people get back to work – May 19, 2021

The Alberta government says a new jobs program will encourage private and non-profit businesses to hire staff over the next year and help the economy recover.

Premier Jason Kenney says the Alberta Jobs Now program will help 22,000 people get back to work.

He calls it the “largest jobs training program in Alberta’s history”‘ and says it will cost the provincial and federal governments up to $370 million.

Employers will be able to apply for a grant to cover 25 per cent of an employee’s salary for a 52-week period, up to a maximum of $25,000 per employee.

The grant can be used to cover salary or training costs, and employers who hire persons with disabilities will receive a grant 1.5 times higher than what they receive for other new employees.

Story continues below advertisement

Read more: Jobs and work experience hard to find for high school students during pandemic

Alberta Labour Minister Jason Copping says the program is designed to create long-term, permanent jobs.

“They’re going to have to commit for 52 weeks that they’re going to have that hire in place,” Copping said Wednesday.

“When we start talking about new jobs, the intent behind the program is to defray the costs associated with hiring, so businesses will hire earlier than they otherwise would to get employees back to work as quickly as possible.”

Click to play video: 'Calgary job retraining program seeks more funds to help laid-off workers' Calgary job retraining program seeks more funds to help laid-off workers
Calgary job retraining program seeks more funds to help laid-off workers – Mar 30, 2021

The province says employers can apply for the program starting Thursday for up to 20 new employees.

To be eligible, a private sector business or non-profit organization must use the funding to hire unemployed Albertans in a new or vacant position.

Story continues below advertisement

The government says Alberta’s unemployment rate was nine per cent in April.

Read more: Service industry hit hardest again by job losses, Alberta study finds

Sponsored content