Ontario Investing $1 Billion in Skills Development Fund to Protect Workers

May 6, 2025

As the next step in our plan to protect Ontario workers in the face of U.S. tariffs and economic uncertainty, our government is expanding its Skills Development Fund by nearly $1 billion, for a total of $2.5 billion.

This funding will help train and reskill more workers, including those directly impacted by layoffs resulting from tariffs, and ensure they have the support they need to find good-paying jobs and help strengthen Ontario’s economy.

Our government will continue to invest in our greatest resource, our highly skilled workforce.

Today’s investment strengthens their paycheques and ensures Ontario remains strong in the face of global uncertainty.