Ontario commits to build and upgrade training facilities
March 22, 2023 | By HPAC Magazine
The new Skills Development Fund (SDF) Capital Stream will open for applications in late Spring.
In a pre-budget announcement, the Ontario government has committed to investing $224 million through its new Skills Development Fund (SDF) Capital Stream to build and upgrade training centres and get more people into the skilled trades.
The province also plans to invest $75 million more over the next three years to support the operations and programming at new and existing centres to prepare workers for in-demand trades careers.
Applications for the SDF Capital Stream are expected to open in late spring and will provide eligible applicants, including unions, Indigenous centres, businesses and industry associations, with funding to build new training centres or to upgrade or convert their existing facilities into training centres with state-of-the-art design and technology.
This includes facility renovations, retrofits, expansions, repairs and building construction.
Ontario’s Skills Development Fund is supported through labour market transfer agreements between the Government of Canada and the Government of Ontario.
