On March 9, the federal government announced it will invest up to $94.5 million over five years to strengthen labour market intelligence across industries that collectively represent nearly two-thirds of Canada’s GDP.

The funding, delivered through the Sectoral Workforce Solutions Program (SWSP), will support 14 organizations in developing forecasts, dashboards and employer toolkits covering job vacancies and growth opportunities by sector. The initiative targets industries including advanced manufacturing, construction, aerospace, trucking, mining and energy — sectors employing roughly 9.9 million Canadians, or 47 per cent of the national labour force.

Federal Jobs Minister Patty Hajdu announced the investment at the NuBuild and Oakwood headquarters in Ottawa.

The program is designed to help close the gap between labour supply and demand, giving employers, workers and training providers clearer data on where skills shortages exist and where opportunities are emerging.

Ottawa said improved labour market information is particularly critical as Canadian industries navigate U.S. tariff pressures and supply chain realignment. The announcement follows a series of federal measures aimed at protecting workers in tariff-affected sectors, including a reskilling package targeting up to 50,000 workers and a new Workforce Alliances and Sectoral Workforce Innovation Fund.