19.2 Canada and Ontario agree to develop mechanisms, through the LMDA Management Committee described in Section 7, to do everything in their power to ensure the full and effective use of the financial resources set out in this Agreement. The agreements announced today are the New Labour Force Development Agreement (WDA) and the Labour Market Development Agreement (LMDA). In the first two years, Ontario will receive approximately $US 1.97 billion – more than $US 593 million through the WDA and more than $1.37 billion through the LMDA. Many witnesses praised the results of Skills Development (SD) programs that cover training costs for EI clients to get back to work as quickly as possible. While Canada provides funding under MAIDs, provincial and territorial governments have the flexibility to design and deliver employment programs and services that best meet the needs of their local labour markets. whereas Ontario is developing a single-window training and results-based employment system to improve labour market outcomes for Ontarians; 4.1 Canada and Ontario are committed to ensuring continuity of service to Ontarians. In support of this obligation, both Parties agree that Canada may extend or renew agreements in force from the date of signature of this Agreement up to and including December 31, 2006 or that it may enter into new agreements during that period for a maximum period of two (2) years. The Anishinabek Nation has had a Labour Market Development Agreement with Canada since 1996. The current agreement with Canada is the Skills and Employment Strategy Agreement (ASETS).
The employment and training programs and services offered by the offices of the UOI Local Delivery Mechanism (LDM) are essential to helping First Nation citizens acquire the skills and training they need to enter the labour market and succeed. In 2012-2013, a total of $2.03 billion was spent on EBSMs. Expenditure on employment, mainly on qualification programmes, fell by 2.6 percentage points compared to the previous year, while remaining the largest expenditure. Figure 3 shows the cost of the main labour market programmes offered through MSM, namely Targeted Bone Subsidies (TWS), Self-Employment (SE), Job Creation Partnerships (PVPs), Skills Development (SD) and Target Education Supplements (TES). 15.1 Canada and Ontario will develop an Inventory of Assets to be transferred to Ontario without consideration. . . .