Thank you for that.
With regard to the Canada job grant in budget 2013 the government announced a renegotiation of the labour market agreements and introduced the Canada job grant. At the heart of the Canada job grant is really the need for greater employer engagement in training and training decisions, and also greater employer investment in training.
The job grant is to be rolled out this year, just to give you an update on where we're at with it. We have been working with provinces and territories and have agreements in principle or letters of intent for negotiating implementation of the job grant. Two provinces have signed agreements, that's British Columbia and Ontario, so they will be implementing the job grant starting July 1.
Now how it would work is that, in general, businesses, employer organizations, including the entertainment software industry, are eligible to apply for a grant. It's a $15,000 maximum contribution to training. It is cost-shared. Employers would contribute a third to the training costs and it is available to all employed or unemployed Canadians who are looking for a new or a better job. For small businesses, of course, there's a certain flexibility required and there are provisions in the Canada job grant to make sure that small businesses can take advantage of that program. For example, when it comes to the employer contribution, wages could potentially count toward the one-third employer contribution.
The importance really is that employers get to select the training that they need. As I said in the beginning, that is at the very heart of the Canada job grant. So if an employer has a job and has an individual either employed or looking for a better job or is ready to train somebody unemployed, it is the employer who decides what training will be provided for the individual to equip that person for the job. So this is, in essence, how the Canada job grant works.