Alberta jobs Minister Lori Sigurdson re-announced her flagship job creation program on Monday. It's a $5,000 hiring grant to employers for every job they create.
This program was first announced during the NDP attack budget with few details. We still have few details. And that’s a problem.
Here's what we do know:
The program rolls out January 2016.
It gives the employer a $5,000 grant for each new job created up to five hundred thousand dollars – or 100 full time jobs per employer.
The program is capped at $89 million annually and is a first come first serve program. This means a maximum of 18 thousand jobs will be created by this program. We are losing 1,000 jobs per week in Alberta. This doesn’t come close to making a dent in the job losses since Notley took office.
Here is the part, besides the vagueness, that sends up alarm bells; the program allows charities and non-profit organizations to qualify for the new grant. Strange.
The energy sector is bleeding jobs and now they have to compete for the limited grant money with non-profits and charities?
I venture to guess the only real jobs this program will create will be in the bureaucracy that will be needed to administer it.
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