warre & vavasourBudget 2026 Explorer

Chapter 3 · 3.4 Growing our skilled workforce to build Canada Strong

Helping workers build skills for the jobs of tomorrow

Program spending

$260M net impact on the budgetary balance over five years, 2026-27 to 2030-31.

Net impact by year, CAD millions (accrual)
—2026-27$66M2027-28$65M2028-29$64M2029-30$65M2030-31

The cost line

Chapter 3 cost table, millions of dollars, accrual basis. Budget 2026, p. 219 (PDF p. 233).
Line2026-272027-282028-292029-302030-31Total
Helping workers build skills for the jobs of tomorrow…114113112113452
Less: Funds sourced from existing departmental resources—−48−48−48−48−192
Net fiscal impact—66656465260

… no change to existing funding or no fiscal implication · – a further extension will be considered later · 0* less than $0.5 million. Positive numbers cost the budget (spending or forgone revenue); negative numbers improve it.

What the budget says

“Budget 2026 proposes to provide $451.8 million over four years beginning in 2027-28, and $48 million ongoing (including new and existing funding) to launch the Fund.”

Budget 2026, p. 215 (PDF p. 229)

Key facts

  • Proposes $451.8 million over four years, beginning in 2027-28, and $48 million ongoing for a new Partnerships for Indigenous Workforce Readiness Fund. Budget 2026, p. 215 (PDF p. 229)

Amounts named in the text

Stated amounts can cover different periods, cash or accrual bases, previously announced money and loans. They are not additive with the cost line above.

  • $451.8 million over four years beginning in 2027-28, and $48 million ongoing

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