NB to invest $610 M in PSE, workforce development

March 28, 2016

New Brunswick’s Department of Post-Secondary Education, Training and Labour has announced that it will commit $610 M in 2016-17 to build and enhance the province’s workforce. Specific investments will include $14.5 M for the Education and New Economy Fund, which will support a new tuition assistance program for students in financial need. The Ministry also plans to launch the Experiential Learning and Employment Continuum to help recipients of social assistance acquire classroom and on-the-job training. “An educated, job-ready workforce is essential for moving our province forward,” says Post-Secondary Education, Training and Labour Minister Francine Landry. “By investing in post-secondary education, literacy, training and skills development, youth employment and population growth, we will build and create a highly educated and skilled workforce, attract new business, and grow our economy.” NB