Innovation Minister celebrates free flow of knowledge and skills on both sides of the border
As we know, Canada and the U.S. have designed one of the most enduring, integrated, peaceful, and mutually beneficial economic relationships in the world—one that results in shared prosperity and better living standards for the middle class in each country.
Behind each North American innovation are the talents and creativity of persons from each side of the border. That includes the highly skilled Americans and Canadians who grow our food, build our cars, and turn new technologies into products and services that are sold worldwide. Each country enjoys the advantage of having a highly competent workforce that can compete globally based on advanced and specialized skills.
That was the message delivered by the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, at the Western Pathways Conference earlier this week in Denver. This conference, which ends May 13th, is a gathering of U.S. business, government, and education leaders. The conference targeted ways to prepare young adults for jobs of the future.
As part of the Innovation and Skills Plan set out in Budget 2017, the Government of Canada is moving forward with targeted investments to make sure that skills training begins early and continues throughout the careers of Canadians. These investments include:
- $50 million over 2 years to support learning opportunities in computer coding and digital skills for school-aged children;
- $221 million over 5 years to create 10,000 work-integrated learning placements that enable university and college students to enter the workforce; and
- support enabling mid-career workers who wish to pursue post-secondary education to make qualifying for student loans and grants a smoother process.
A FEW QUICK STATS
- Trade between the U.S. and Canada reached nearly $700 billion in 2015, representing $2 billion of goods and services crossing the border daily.
- Since the Canada-U.S. Free Trade Agreement came into force in 1989, Canada’s two-way trade in goods and services with the United States has more than tripled.
- Nearly 9 million American jobs depend on trade and investment with Canada.
- Many U.S. states count Canada as their top trading partner.
Supporting Article Research Source: Government of Canada