Mr. Chair, we have heard today about our government's outstanding record of achievement with respect to creating jobs and economic growth. I would like to dedicate my time in exploring in more detail how we are building on these results by helping to connect Canadians with available jobs.
Despite our excellent employment performance, our government is constantly looking for ways to make it better. We find it unacceptable that many Canadians are still out of work, or underutilized, at a time when skills and labour shortages are emerging in certain sectors and regions.
As long as there are Canadians looking for work, we as a government cannot sit on our laurels and must take action. Indeed, many employers agree with us and continue to identify the shortage of skilled labour as an impediment to growth. In fact, the Canadian Chamber of Commerce list skills and shortages as the number one barrier to Canada's competitiveness.
Faced with this challenge, we have taken effective and concrete action to support the development of a skilled, mobile and productive workforce.
In the last fiscal year, 2013-14 alone, our government has transferred $2.7 billion to support labour market programming with $1.95 billion to provinces and territories, through labour market development agreements; $500 million to provinces and territories through labour market agreements included in budget 2007; and $218 million to provinces through labour market agreements for persons with disabilities.
What is more, we are investing over $10 billion annually in support of post-secondary education, which includes providing students with financial assistance through Canada student loans and Canada student grants, and specific programming targeted to first nations and Inuit students.
Since 2006, our Conservative government has provided support for skills training for youth through the youth employment strategy, with investments of over $340 million per year.
On the other end of the spectrum, our government has also taken action to support the labour market participation of older Canadians who wish to remain in the workforce. Budget 2011 extended the targeted initiative for older workers, a federal-provincial-territorial employment programs, providing assistance and offering activities to provide the employability of unemployed workers aged 55 and over.
Finally, we are supporting opportunities for aboriginal peoples through annual investments of $438 million, including support for post-secondary education, as well as project-specific training that responds to the demands of the Canadian labour market.
These are all important measures, but the real game change in our efforts to connect Canadians with available jobs has to be the introduction of a Canada jobs grant. By ensuring that federal funding responds to the higher needs of employers and by giving them the opportunity to participate meaningfully as partners in skills training, this initiative is transforming skills training in Canada.
The Canada jobs grant could provide up to $15,000 per person for training costs, including tuition and training material, which include up to $10,000 in federal contribution with employers contributing on average one-third of the cost of the training.
After consulting extensively with employers and provinces on the design of the grant, Canadians will be able to take advantage of it by July 1, offering them real support toward improved employment and earning prospects.
As important as this milestone is, economic action plan 2014 went one step further by creating the Canada apprentice loan to help registered apprentices with the costs of their training. It will do so by expanding the Canada student loans program to provide apprentices registered in Red Seal trades with access to over $100 million in interest-free loans each year.
Economic action plant 2014 also introduces the flexibility and innovation in the apprenticeship technical training pilot project to expand the use of innovation approaches to apprentice technical training.
With this initiative, we are continuing to work with provinces and territories to harmonize apprenticeship systems and reduce barriers to certification in the skilled trades, so apprentices can more easily work and train where the jobs are.
To further support apprentices, economic action plan 2014 takes steps to increase awareness of the existing financial supports available to apprentices through the employment insurance program while they are technical training.
It also announced that our Conservative government would improve the youth employment strategy to align it with evolving realities of the job market, and to ensure federal investments in youth employment would provide young Canadians with real life work experience in high-demand fields, such as science, technology, engineering, mathematics and the skilled trades.
Although Canada boasts high levels of post-secondary achievement, the transition to a first job can be challenging. This is why economic action plan 2014 also dedicates $40 million toward the supporting of up to 3,000 apprenticeships across the country in these high-demand fields.
The Prime Minister Harper recently announced the details of the initiative at Fanshawe College, a great institute near my riding of Chatham-Kent—Essex. Lasting between 6 and 12 months, these internships will give the participants the opportunity to gain the real life work experience and skills necessary to succeed in the workplace now and in the future.
To facilitate the linkages between the small and medium-sized employers and youth, we are reallocating $15 million annually within the youth employment strategy to support up to 1,000 full-time internships for recent post-secondary graduates and small and medium-sized enterprises.
Last but not least, economic action plan 2014 will invest $11.8 million over two years and $3.3 million per year ongoing to launch an enhanced job matching service to ensure Canadians are given the first chance at available jobs that match their skills in the local area.
The enhanced job match service will provide job seekers with modern and reliable tools to find jobs that match their skills and provide employers with better tools to look for qualified Canadians. Through a secure authenticated process, registered job seekers and employers will be automatically matched on the basis of skills, knowledge and experience.
Before I conclude, I would like to address one issue that is a concern to our government and all Canadians, and that is the abuse of the temporary foreign worker program. This is something we cannot tolerate, and any allegations of abuse of the program will be vigorously investigated.
Our message to employers is clear and unequivocal: Canadians must always be first in line for available jobs. As we announced in economic action plan 2014, our government will continue to pursue significant reforms to the temporary foreign worker program to ensure that employers make greater efforts to recruit and train Canadians, and that it is only used as a last and limited resort when Canadians are not available.
These are just some of the central initiatives that will continue to drive our government's jobs and growth agenda, and connect Canadians with available jobs.
I am proud of this record, and would like to thank the hon. members for offering the opportunity to discuss it today. By helping Canadians acquire the skills that will get them hired or help them get better jobs, we are investing directly and effectively in our country's greatest asset, our people. The return on this investment is not just helping individuals, but also supporting their families, communities and our whole community.
Would the Minister of Finance take some time to tell the House what concrete action the government is taking to help connect Canadians with available jobs?