During the spring and summer months each year, businesses across Ontario aggressively pursue government funding programs to hire students and post-secondary graduates. Among their many options, which include wage subsidies such as government grants and tax credits, businesses can strategically reduce their labour costs while also developing youth talent.
The Ontario
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Youth unemployment has become an increasingly dangerous problem across Alberta over the last year. In January 2016, Alberta’s youth unemployment rate was 7.5%, up nearly 2% since January 2015. This substantial increase is troubling for many youth workers joining the labour market via summer internships. Many students face the possibility
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Northern Ontario organization, Friends of Algonquin, have successfully leveraged wage subsidies for hiring a recent post-secondary graduate throughout 2015. The association, who provides advocacy and educational services, hired a youth intern for a one-year period to develop outreach programs that encourage tourism, as well as build a database encompassing photographs
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The Canadian federal government knows the importance of tapping into Canada’s post-secondary talent pool to encourage innovation- there are a wide variety of grants and incentives available related to both post-secondary and industry. Both parties have felt the positive impact of the support programs, particularly through the programs provided by
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The Youth Employment Fund (YEF) was created to help youth find gainful employment within Ontario. Ontario businesses can utilize YEF for up to $6800 in grant funding towards the hiring of a youth, aged 15-29, for a 4-6 month period. Additionally, candidates will receive up to $1000 directly to assist
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Co-operative education options at Canadian colleges and universities are on the rise; this is good news for both students and employers. Many Canadian post-secondary institutions have a wide range of co-op programs that support a variety of industries. In fact, the University of Waterloo offers the world’s largest co-op program,
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Editor’s Note: Details of the Canada Summer Jobs program are subject to change at any time; details on this page were accurate as of the posting date. To learn about current program details, please contact Mentor Works or visit canada.ca/en/employment-social-development/services/funding/youth-summer-job.
Most Canadians don’t start thinking about summer until late into Q1, however,
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This Canadian government grant for hiring offers a maximum of $12,000 in funding to support the hiring of a recent graduate to an environmental science position for at least 6 months. While the program will fund multiple candidates, there is a maximum of one candidate per project. Internships funded through
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Ontario Aerospace Council (OAC) is holding a special workshop for presidents/ CEO’s, Human Resources Executives and Managers. The event will feature a number of experts that will provide non-commercial presentations and discussions to provide participants with practical information and considerations regarding the sourcing, selection, hiring, training, and retention of your
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A wide range of government funding programs are periodically available to support businesses’ various strategic initiatives. However, applicants should be aware of the turnaround time on submitted applications before committing to a specific Canadian government funding program. Unlike tax credits, which focus on retroactive reimbursement, small business funding grants and
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