BC to continue increasing targeted funds for in-demand job training

February 1, 2017

British Columbia has announced that it will continue to increase targeted funding for postsecondary training for in-demand occupations through 2017-18. While roughly 22% of the province’s $1.86B for PSE institutions is currently put toward targeted operating grants, the province is looking to increase this proportion to 25% by 2017-18. A BC release notes that the province also plans to increase targeted funding by $50M and to raise the overall amount of targeted funding for in-demand job training to $270M. The release adds that almost one million job openings are expected in the province by 2025 due to retirements and economic growth, and that eight out of 10 of these job openings will require some sort of postsecondary education or training. BC