Keeping your Multi IFR current, sure. Paying for type ratings, NO! I know a couple of guys with 300 - 400 hrs that took advantage of that a few years back and had EI pay for A320 type ratings. They never found a job. 40k per type rating in tax payer money down the drain.
I thought the whole notion of who should pay for training had been beaten to death. If EI pay for some pilots to obtain a type rating based on a promisary note from some operator I want them to follow up and ensure that the job promised wasn't a hoax. I also know several guys whom had operators write these letters with no intensions of hiring them after. Also where does that put other operators that hire guys right off the street and train them at their own expense. If you want to re-educate yourself... fine, if you find yourself on the street and EI pays for your medical exams and to keep your Multi IFR current or to do some take-offs and landings at the local flying club.... fine. But buying type ratings cause it makes you more marketable is shooting at the stars, especially in a recession/industry downturn where nobody is hiring regardless.