NEW – ON: New government budget provides skills development and training support

Ontario Finance Minister Peter Bethlenfalvy delivered the Ford government’s second budget on March 24, 2021. Budget 2021 maintains the government’s focus on two pandemic priorities: health care funding and economic recovery measures for small businesses. It also signals a vision for long-term deficit elimination after 2024. The document contains no new taxes or spending cuts but does provide new, or renewed supports, for individuals and businesses impacted by the pandemic. 

Highlights include:

Economic Recovery – To support economic resilience and recovery from COVID-19, the government is creating, or extending eligibility for the following:

Skilled Trades – Members may also be interested in enhanced investments of $288.2 million in the government’s skilled trades strategy announced in the 2020 Budget. They include:

Ontario Government Relations Director, Marcelline Riddell, will continue to work with the Ministry of Skills Development and Training to identify and promote access for the propane sector to any of the programs outlined in Budget 2021. She will also update CPA members on eligibility requirements for business support programs proposed in this budget as information becomes available.