Factbox-Main measures announced in Canada economic statement

OTTAWA, April 28 (Reuters) - Here ‌are some ​of ​the main new measures that the Canadian government announced in a spring economic statement on Tuesday.

* a ‌new nationwide effort to recruit, train, and hire 80,000 ⁠to 100,000 new skilled trade workers by 2030/31. This will involve an initial ‌C$2 billion investment over ‌five years. Once workers are in training, the government is proposing an additional C$3.4 billion in grants over five years ​to ensure people compete their courses

* reducing the contribution rate of the base Canada Pension Plan from 9.9% to ⁠9.5%, effective January 1, 2027, translating into annual savings of about C$133 for an ​employee earning C$70,000 a year, with equivalent savings for their employer

* amending mortgage insurance rules to (a) permit ​private mortgage insurers to offer multi-unit ‌mortgage loan insurance on five- to -eight unit residential properties and (b) increase flexibilities for mortgage insurers to offer ⁠products to borrowers building new three- and four-unit housing

* expanding the carbon capture, utilization, and storage investment tax credit to enhanced oil ⁠recovery. Credit rates would be set at 30% for direct air capture equipment, ​25% on other capture equipment 18.75% on transportation and storage/use equipment.

* implementing accelerated capital cost allowance rates for low-carbon LNG facilities. To be eligible, ‌the expected emissions intensity of a facility's on-site liquefaction activities, measured in tonnes of carbon dioxide ‌equivalent per tonne of LNG produced, would have to be ⁠less than or equal to ‌0.20. The accelerated ​rate would be 50% for liquefaction equipment and 10%for facility non-residential buildings.

(Reporting by David Ljunggren; Editing by ‌Caroline Stauffer)

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