They're not trained in this field, and it's sometimes very challenging, which is why the student work placement program is so important. Clear eligibility rules and alignment between federal and provincial systems reduce friction, speed up hiring and give employers confidence, especially small and medium-sized enterprises without HR or compliance teams.
Through the student work placement program, BioTalent Canada helps employers offer paid, hands-on work experience to post-secondary students while receiving wage subsidies and other employer supports, including training, that lower the risk of hiring early career talent. This model works particularly well in the bioeconomy, where regulated environments, specialized skills and long onboarding periods can otherwise discourage employers from hiring students.
Finally, division 34, while technical in nature, reflects the same broader policy objective we see across Bill C-15, and that is modernizing federal frameworks so programs can be delivered efficiently, predictably and with accountability. That predictability is critical for national programs, like the student work placement program, that operate at scale and rely on partnerships between government, sector organizations and employers.
In closing, Bill C-15 supports a coherent talent pipeline, which is critical, from early supports to post-secondary education, paid work experience and long-term employment in Canada. BioTalent Canada is proud to play a role in that pipeline and continues to do so, helping students gain meaningful experience and helping employers build the workforce they need to innovate and grow here at home.
Thank you. I look forward to your questions.