A program that has already helped thousands of workers in the troubled forest sector is opening up another round for its early retirement assistance package.
Through the Community Development Trust's transition assistance program forest workers 60 year or older, and who meet the program eligibility requirements, may be able to access up to $35,000 as a bridge to retirement or other activities.
The province will be accepting application until Aug. 31.
The trust was created with $129 million in funding from Ottawa last year, and although 5,700 workers have been assisted by the fund, there is cash still remaining, including about $20 million in the transition assistance program.
Community Development Trust
It just blows me away that the CDT can prove so beneficial, which was its intent, to forest industry workers in B.C. Here in Ontario, McFlinty & Company managed to make it disappear with a flair that even Mandrake the Magician must envy and, undoubtedly, has managed to benefit the urban south!