Mark Carney pledges billions for skilled trades

- Prime Minister Mark Carney and Finance Minister François-Philippe Champagne used Canada’s spring economic update to launch Team Canada Strong for skilled trades. - The plan sets aside about $6 billion over five years to recruit, train and hire 80,000 to 100,000 Red Seal workers. - Ottawa paired the pledge with a lower 2025-26 deficit forecast of $66.9 billion amid tariff and oil-price turbulence. (cbc.ca)

Prime Minister Mark Carney’s government used Canada’s spring economic update on April 28 to launch Team Canada Strong, a skilled-trades hiring and training plan. (canada.ca) (cbc.ca) The federal plan sets aside about $6 billion over five years to recruit, train and hire 80,000 to 100,000 new Red Seal skilled trades workers by 2030-31. (budget.canada.ca) (canada.ca) Finance Minister François-Philippe Champagne tabled the update in the House of Commons and said the program is meant to help Canada build homes and major projects faster. (cbc.ca) (globalnews.ca) The trades pledge sits inside a broader package of $37.5 billion in new measures over six years. The same update says the 2025-26 deficit is now projected at $66.9 billion, down $11.5 billion from the previous forecast. (cbc.ca) (narcity.com) Ottawa says the labour push is tied to housing, infrastructure and defence needs, not just classroom training. The government’s own update says Canada needs more workers to build “at speed and at scale.” (budget.canada.ca) (canada.ca) The update also targets younger workers. Global News and iPolitics reported that Canadians aged 15 to 30 would be eligible for paid entry-level experience and apprenticeships under the new program. (globalnews.ca) (ipolitics.ca) Carney’s government is selling the package as a response to a rougher global economy. The fiscal update warns that risks are “significant and skewed to the downside,” citing tariffs, trade tensions and conflict-driven supply shocks. (globalnews.ca) (cbc.ca) Higher oil prices and stronger revenues helped create room for the new spending. CBC cited Sahir Khan of the University of Ottawa’s Institute of Fiscal Studies and Democracy, who said Ottawa had a roughly $60 billion revenue windfall to work with. (cbc.ca) The skilled-trades promise is also one piece of Carney’s larger economic pitch to reduce dependence on the United States and build more capacity at home. The update pairs Team Canada Strong with a new Canada Strong Fund, described by Ottawa as a national sovereign wealth fund seeded with $25 billion. (budget.canada.ca) (canada.ca) For now, the headline is simple: Carney is putting billions behind the idea that Canada cannot build more homes, plants and public works without first building a bigger trades workforce. (cbc.ca) (budget.canada.ca)

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