The Conservatives are proposing changes to Ottawa’s student financial assistance and a tax incentive for building workforce housing as measures to address the high rate of youth unemployment in Canada.
Conservative MP Garnett Genuis announced the Tories’ Youth Job Plan at an Oct. 15 press conference in Ottawa and called on the Liberal government to adopt the plan in its upcoming federal budget.
Canada’s youth unemployment rate reached a 15-year high, excluding the pandemic period, in September at 14.7 percent, according to Statistics Canada’s September Labour Force Survey. The rate grew 0.2 percentage points from 14.5 percent in August, and grew 1.2 percentage points from September last year….