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Thursday, November 20, 2025

Ottawa looks to ban non-competes in banks, other workplaces as part of Budget 2025 - HRD America

“Canadian workers power our economy. We’re taking strong, targeted action to support those affected by trade disruptions and to help every worker build the skills and resilience needed for the future,” said François-Philippe Champagne, minister of finance and national revenue. “Our goal is simple: to maintain and expand Canada’s skilled, educated, and adaptable workforce, and empower the workers who care for us and build the strongest economy of the G7.”

Reskilling and support package

Budget 2025 includes a new reskilling package for workers affected by U.S. tariffs and global market shifts. This package features a digital jobs and training platform, enhanced Employment Insurance (EI) measures, and $570 million over three years for training and employment assistance.

  • $50 million over five years (plus $8 million ongoing) to implement a digital tool for job search and applications, and to launch a national online training platform in partnership with the private sector.
  • $570 million over three years through Labour Market Development Agreements with provinces and territories to support training and employment assistance for workers impacted by tariffs and market changes.
  • $382.9 million over five years (plus $56.1 million ongoing) to launch new Workforce Alliances, bringing together employers, unions, and industry groups to coordinate skills development and investments. A new Workforce Innovation Fund will support projects tailored to local job markets, helping businesses in...


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