Canada: Budget 2019 will create 'lifelong learning' accounts: sources - PressFrom - Canada
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CanadaBudget 2019 will create 'lifelong learning' accounts: sources

05:30  15 march  2019
05:30  15 march  2019 Source:   cbc.ca

5 things to watch for in the Liberal election budget today

5 things to watch for in the Liberal election budget today With an election looming and the SNC-Lavalin scandal showing no signs of letting up, the Liberal government is expected to deliver a budget today that offers supports for seniors and skills training and sets the stage for a national pharmacare program. Finance Minister Bill Morneau's 2019 fiscal plan also is expected to introduce measures to help millennials and other first-time homebuyers get into the housing market. With a fixed election date set for Oct. 21, many of the multi-year funding promises could serve as campaign platform planks. Here's what to watch for when Morneau rises in the House of Commons to table the budget at 4 p.

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Progress on Lifelong Learning . Canadians’ overall approach to learning has changed. Canadians today must approach learning as a lifelong commitment, and the Government of Canada is working Sources : International Monetary Fund, World Economic Outlook Database; World Bank Database.

Budget 2019 will create 'lifelong learning' accounts: sources© Chris Young/THE CANADIAN PRESS Federal Finance Minister Bill Morneau takes questions from children from the Toronto and Kiwanis Boys and Girls Club after putting on his new budget shoes for a pre-budget photo opportunity in Toronto on Thursday, March 14, 2019.

The federal government will establish personalized accounts to help Canadians pay for lifelong learning and skills development in next week's budget, CBC News has learned.

The specific details of the program weren't shared with CBC, but two government sources say the government's plan is modelled on a similar program in Singapore.

The Singapore SkillsFuture program sets up personal accounts to help anyone over the age of 25 pay for retraining and skills development.

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Create an account . Becoming a member of lifelong - learning .luIncrease the visibility of your training body Present your training offer Rent out your training rooms. lifelong - learning .lu uses cookies. By using this site, you accept the use of cookies necessary for navigation and for performing statistics.

Lifelong learning is the voluntary act of learning throughout life . Discover the benefits of a learning mind-set for personal and professional development. Lifelong learning requires self-motivation. You need to feel positive about learning and about your ability to learn . If you struggle to see the point of

Under the SkillsFuture program, individual accounts start with a government-funded opening credit of $500 with the promise of periodic top-ups. The credit can be used to help pay for training services selected from a list of pre-approved programs and institutions.

Finance Minister Bill Morneau hinted broadly at the program during a pre-budget event at a shoe repair shop in Toronto today. The Kensington Market shop's owner, Lorena Angola, had to take time off from her old job to retrain as a cobbler.

"In our budget this year that's what we are going to be thinking about," Morneau said. "How do we help Canadians to take time off? How do we ensure that they can continue to live their life while they are taking time off? And how do they pay for their training?"

What to watch for in the federal budget

What to watch for in the federal budget OTTAWA - Finance Minister Bill Morneau will release the Trudeau government's final budget of its mandate Tuesday, just seven months before the next federal election. Here are some things to watch for: A boost to skills training The government says it wants to help workers adapt to the rapidly changing needs of the modern workforce. The budget is expected to announce measures to help Canadians cover their bills if they choose to head back to school to upgrade their skills or to change careers. Morneau has also said he wants to make sure workers have dedicated time off so they can get that skills training.

Payroll Budgeting : We will cover the basics of payroll budgeting , essentials to keep in mind, and both the trend in handling them and some non-traditional methods. Tax Concerns: We will discuss effective strategies for managing taxes is to establish a budget for your company's taxes.

Badges create a visually validated learning outcomes in both formal and informal settings. They will also help you uncover new ways to reach your target audience and provide budgeting UW-Madison's Lifelong Learning 2020 initiative is a campus-wide strategic plan that addresses the future

Government sources would not say how closely the financial support in the Canadian program would align with what Singapore is offering.

Skills development will be one of the four major themes of next week's budget, along with pharmacare, support for seniors and housing affordability.

Budget to be tabled Tuesday

Morneau announced last month that the final budget of the Trudeau government's current term will be tabled March 19.

"We know there's more to do. That's why I am so pleased to announce that March 19, we will be introducing budget 2019, the next steps in our plan to ensure middle-class optimism and an economy that works for all Canadians," Morneau said in the House of Commons.

A statement released by Morneau's office said the budget will focus on investments in people and communities and creating opportunities for future generations, although no specifics were offered.

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Lifelong learning is the "ongoing, voluntary, and self-motivated" pursuit of knowledge for either personal or professional reasons. Therefore, it not only enhances social inclusion, active citizenship

The Business Council of Canada recently urged Morneau to include measures in the budget to make Canada more competitive and better able to handle the shocks of the next economic downturn.

BCC President and CEO Goldy Hyder said the council remains concerned about skills training, regulation, the energy sector, trade and Canada's fiscal sustainability.

"Canada's business leaders are concerned about Canada's economic future," Hyder said in a letter sent to the minister Tuesday.

"Budget 2019 is an important opportunity to introduce measures to help Canada reach its full potential while preparing for the next downturn."

Budget not an election document, Morneau says.
HALIFAX - Finance Minister Bill Morneau pitched the virtues of his latest budget as logical extension of his past documents in a speech Friday, telling a Halifax business audience they shouldn't think of it as an electoral platform. 

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