Top 5 Government Funding Programs for Hiring and Training in 2022

Candidate Presenting Application

A business is truly only as strong as its team. This is why it’s important that small businesses in Canada are aware that there are a wide selection of Canadian government grants for hiring and training that are available to them so that they can offset the costs of onboarding new employees. These grants can help to increase and enhance an organization’s talent pool, while also connecting applicants with meaningful opportunities.

Discover hiring and training grants that are available across Canada to support small businesses in accessing new talent.

These selected government funding programs for hiring and training can aid organizations to hire or retrain staff, improve their effectiveness, and upskill their staff in new areas such as advanced technologies or operational processes. Depending on when you’re reading this article, a funding program listed below may or may not be open. View our Hiring & Training Page to find the most up-to-date programs.

Small Business Grants for Hiring and Training

1. Canada Summer Jobs (CSJ)

The Canada Summer Jobs (CSJ) program is allocated by the Canadian government via a grant that helps employers provide career-related, real-life work experience for young employees. The experiences gained through funded placements should help young Canadians develop skills and earn paid work experience which will foster prosperity in today’s workforce:

  • Funding Amount: Public and private sector employers may receive hiring grants up to 50% of employee minimum hourly rate. Non-profit organizations may receive grants up to 100% of minimum wage plus Mandatory Employment Related Costs (MERCs). The amount is capped at $300,000 per employer/province or territory for a maximum of 40 hours/week/employee.
  • Applicant Eligibility: Any businesses, non-profits, and public sector employers with 50 or fewer employees. Hired positions must be full-time (30+ hours/week) and span 6–16 weeks.

2. Career-Ready with CTMA: Expanding Opportunities

The Career-Ready with CTMA: Expanding Opportunities program, administered by the Canadian Tooling & Machine Association (CTMA) and Mentor Works, offers non-repayable contributions to eligible employers. The contributions are designed to subsidize wages for new hires or to support the upskilling of existing employees that meet the program eligibility. Funding available for this program may be 30% of wages paid to a maximum of $3,000 for each Experiential Work Placement (EWP).

  • Funding Amount: Up to 30% of wages paid for a candidate to a maximum of $3,000 per 10–16-week placement. This program may support up to 12 candidates per employer with a maximum of three placements per candidate. Placements must be completed on or before March 31, 2022.
  • Applicant Eligibility: Organizations licensed to operate and provide training in Ontario. This initiative aims to support employers who are building a talent pipeline by introducing participants to careers in the precision metalworking sector.

Yves Landry Foundation Funding for Training Via the Government of Canada

The Yves Landry Foundation Funding for Training Via the Government of Canada helps organizations adapt to new technologies, processes, or procedures, or a drastic change within the company. This support for innovation and retooling may provide new lines of production for productivity output. Training through this program must be clearly linked to domestic supply chain improvements or competitive enhancements, such as expanding into new or enhanced domestic markets.

  • Funding Amount: Successful applicants may access up to 25–50% of costs to a maximum of $100,000 per application.
  • Applicant Eligibility: Ontario manufacturers may be eligible if they have 10–1000 employees.

4. Mitacs Accelerate Program

The Mitacs Accelerate funding program pairs small businesses with talented applicants who have a Masters, PhD, or postdoctoral fellowship (PDF) to overcome innovation challenges. Eligible interns complete research and develop tools, models, technology, or solutions to support the small business’ challenges.

  • Funding Amount: The program provides support up to $15,000 for each four- to six-month internship with a financial contribution of $7,500 from the partnering organization. The cluster stream is available for additional funding support if the business leverages 6+ internship periods from 3+ interns. Funding includes intern stipend and research costs.
  • Applicant Eligibility: Incorporated, for-profit businesses and select non-profits across Canada. All industries and sectors are supported; preference is given to research and development projects in innovation.

5. IRAP Youth Employment Program (YEP)

The Youth Employment Program (YEP) is designed to assist in the hiring and training of young Canadian post-secondary graduates. A graduate can be selected for funding based on most areas such as business development, technical advancement, customer service, or administration. To get started, businesses should contact the National Research Council’s (NRC) Industrial Research Assistance Program (IRAP).

  • Funding Amount: Provides up to $30,000 per graduate (up to two) for a period of 6 to 12 months.
  • Applicant Eligibility: Incorporated and financially stable Canadian business with 1–500 employees; they must be responsible for finding graduates before applying. Candidates must be between 15 to 30 years old.

Learn More About Government Funding Opportunities

The Canadian government funding programs for hiring and training listed in this blog are intended for small to medium-sized businesses.  If your business does not meet requirements of any given program, you can gain access to our free Canadian Startup Business Resources.

Looking to get started on accessing grants for hiring and training? Connect with the Mentor Works team to learn which grant program could fit for your business, and make sure to subscribe to our Weekly Funding Newsletter to stay updated with the latest government funding news.

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One Comment

  1. I am a Canadian business owner looking to get government grants and funding. I would love to tell MentorWorks about our Friendship Cube Educational Programs. Keep up the great work. It is always good to hear from you.

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