In 2006, $55 million was cut from the Canada summer jobs program. At that point the program created somewhere between 45,000 and 55,000 summer job opportunities for students, whereas in more recent estimates it appears that it's about 35,000 to 40,000. With an increasing youth population, this means that there are fewer job opportunities for more students.
On March 27th, 2014. See this statement in context.