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Canada-Alberta Labour Market Development Agreement

Canada-Alberta Labour Market Development Agreement

The Canada-Alberta Labour Market Development Agreement (LMDA) is a joint initiative between the Canadian and Alberta governments to improve the labour market outcomes for residents of Alberta. This agreement provides funding to the province to support various employment services, training programs, and labour market research.

The LMDA was originally signed in 1997 and has been renewed several times since then. The current agreement, signed in 2018, provides funding of over $400 million over six years. This funding is used to support several programs and services designed to help Albertans find and maintain employment.

One of the key programs funded by the LMDA is Alberta Works. This program provides a range of employment services, including job search assistance, career planning, and training opportunities. Alberta Works also provides financial assistance to eligible individuals to help cover the costs of training and education.

Another program funded by the LMDA is the Canada-Alberta Job Grant. This program provides financial assistance to employers to help cover the costs of training for their employees. The grant covers up to two-thirds of the costs of training, with a maximum contribution of $10,000 per employee.

The LMDA also funds labour market research to help identify trends and opportunities in the Alberta labour market. This research is used to inform policy decisions and to help ensure that government programs and services are meeting the needs of residents.

Overall, the Canada-Alberta Labour Market Development Agreement is an important initiative that helps support the economic prosperity of Alberta and its residents. By providing funding for employment services, training programs, and labour market research, the LMDA helps ensure that Albertans have the skills and resources they need to succeed in the workforce.

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