THRC Highlights Federal Budget Impacts on Trucking Sector
Trucking HR Canada (THRC) has identified multiple initiatives in the federal budget presented yesterday that promise to benefit trucking and logistics companies, along with their related employment programs.
As the national workforce development council for the trucking sector, THRC noted in a statement that many of these initiatives will directly influence their programs and services. They expressed commitment to collaborating with government agencies to ensure that funding for the trucking industry remains a priority.
Key highlights of the budget include a new reskilling initiative for workers, enhancements to employment insurance to make it more adaptable with extended benefits, and the introduction of a digital jobs and training platform in partnership with the private sector to assist Canadians in transitioning to new careers.
The budget allocates $570 million over three years specifically for training and employment support targeting workers affected by tariffs and fluctuations in the global market.
Additionally, it promises $307.9 million over two years for the Youth Employment and Strategy initiative, aimed at aiding youth in securing employment, training, and comprehensive support. THRC has benefited from this program in the past and plans to facilitate job opportunities for youth in the transportation sector.
Funding for student work placement programs is set at $635.2 million over three years, which will create approximately 55,000 work-integrated learning opportunities for post-secondary students. THRC has previously connected over 1,800 students with more than 250 employers through its Career ExpressWay program.
The budget also includes a $75 million investment to support Red Seal trades, with THRC advocating for the inclusion of trade workers from the trucking industry. Furthermore, there is a commitment of $382.5 million toward initiatives aimed at enhancing gender equality, which THRC currently supports through its Women with Drive program.
The budget is expected to be voted on as soon as this week. A potential non-confidence vote could prompt a federal election involving Canadian voters this fall or winter.
