Yukon launches $75,000 business training fund

Fund to help existing, prospective employees work more effectively

The government of Yukon has launched a new training fund to help businesses access training opportunities.

“Our government sees tremendous value in the creation of this new fund to improve the business community’s access to training and development,” said Education Minister Scott Kent. “The fund will be a new element to our ongoing efforts to develop an inclusive, adaptable and productive workforce that contributes to and strengthens Yukon’s economy.”

The Business Training Fund will help increase the capacity of both existing and prospective employees to work more effectively and efficiently, helping Yukon businesses to increase their productivity and take advantage of future opportunities, said the government.

The Yukon government has committed $75,000 per year to the fund. Employers can access the fund by submitting an application to the Whitehorse Chamber of Commerce.

“(We) recognize the challenge that exists for our business community in meeting the demands of Yukon’s expanding economy,” said Whitehorse Chamber of Commerce president Rick Karp. “Staffing is a big part of that challenge and we are pleased to be able to offer training opportunities to businesses and individuals to create job opportunities for Yukon residents and we thank the Yukon government for its foresight.”

The Business Training Fund resulted from a recommendation in the action plan for the 2011 Comprehensive Skills and Trades Training Strategy, which was developed by the government of Yukon working together with local labour market stakeholders, including business and industry, the government of Canada, First Nation governments and non-government organizations.

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