
Here’s how Carney’s budget aims to tackle youth unemployment
Global News
Budget 2025 proposes nearly $1.6 billion in funding for the youth job market in Canada as unemployment for young Canadians nears 15 per cent.
Prime Minister Mark Carney‘s budget includes nearly $1.6 billion to be spent over the next three years for various government programs focused on young Canadian workers and students.
This comes amid an ongoing trade war with the United States, which has weakened the job market — especially for younger workers.
Statistics Canada reported the unemployment rate hit 7.1 per cent in September, with youth unemployment more than doubling that figure at 14.7 per cent.
Carney’s budget proposals for youth employment are aimed at temporary summer and regular job placements, including for students, plus training and support systems for those struggling to find work.
Here’s what’s been proposed.
The current Canada Summer Jobs program could receive $594.7 million over two years starting in 2026-2027 if the budget passes.
The government says this would support 100,000 summer jobs next year.
In March, the federal government announced it was spending more than $200 million for the program in 2025-2026 to create 70,000 summer positions for Canadians aged 15 to 30. The government said these jobs would be focused on areas facing critical labour shortages, including housing construction.













