Tuesday March 22, 2016 | 2016 Federal Budget
2016 Federal Budget
Chapter 1 > Increasing Co-Op Placements And Strengthening Work Integrated Learning
Recognizing the importance of demand-driven education and training, the Government will launch the Post-Secondary Industry Partnership and Cooperative Placement Initiative in 2016. The Initiative will support partnerships between employers and willing post-secondary educational institutions to better align what is taught with the needs of employers. The Initiative will also support new co-op placements and work-integrated learning opportunities for young Canadians, with a focus on high-demand fields, such as science, technology, engineering, mathematics and business.
Total costs of this measure would be $73 million over four years, starting in 2016–17.
$73 million over 4 years is less than $40 million each year as mentioned in the promise.