Explore Subsidies and Other Funding

There are numerous subsidies and other funding available for employers. In this section, we highlight several sites that provide comprehensive lists of this funding. We have also consolidated these sources under different headings for ease of reference.

You may want to go back to the comprehensive lists periodically to see what updates have been provided; we will also update this page on an ongoing basis.

This section is organized under the following headings:

COMPREHENSIVE LISTS

GENERAL INCENTIVES

HIRING YOUTH/GRADUATES

  • NEW –Ontario Youth Employment Fund – Employers will receive up to $6,800 to offset training and wage costs for new hires when they provide a job placement of four to six months to job seekers aged 15-29.
  • Canada Summer Jobs– Service Canada program provides funding for not-for-profit organizations, public-sector employers, and small businesses with 50 or fewer employees to create summer job opportunities for students between the ages of 15 and 30; could help you cover 50% of their wages.
  • Career Focus– You could get money to help you hire and pay college or university graduates, if you can give them useful work experience.
  • Carleton University’s Graduate Enterprise Internship (GEI) Program– Provides funding for 100 internships to small-and-medium-sized companies in southern and eastern Ontario.
  • Co-operative Education Tax Credit– To help create employment opportunities by providing employers with a refundable tax credit of up to $3000 for an Ontario post-secondary co-op student.
  • Industry-Academic Collaboration Programs (Ontario)– Learn about financing and support that may help you develop and commercialize innovative techniques, products and services in Ontario.
  • MITACS-Accelerate– A cost-shared R&D internship program that connects companies with Canadian universities’ research expertise at the graduate or post-doctoral level.
  • National Sciences and Engineering Research Council (NSERC) Partnership Opportunities for Companies– Explore their suite of targeted partnership offerings that connect you to experts at Canada’s universities and colleges.
  • NRC Industrial Research Assistance Program (IRAP)– A Youth Employment Program that provides financial assistance to innovative small and medium-sized enterprises in Canada to hire post-secondary science, engineering, technology, business and liberal arts graduates.
  • Skills Link– Need employees? You could receive money to hire and train young Canadians between the ages of 15 and 30 to work on your project.
  • Summer Experience Program– Grants Ontario program provides not-for-profit organizations, municipalities and Aboriginal/First Nations communities with funding to create meaningful summer employment opportunities for students.
  • Young Canada Works– Heritage Canada program that offers wage subsidies to employers in heritage or cultural organizations to hire summer students as well as post-secondary graduate interns.
  • Youth Employment Program– You could obtain financial assistance to hire a skilled post-secondary graduate to work on your innovative project.

HIRING APPRENTICES

  • Apprenticeship Job Creation Tax Credit (AJCTC)– A non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006; maximum credit is $2,000 per year for each eligible apprentice.
  • Apprenticeship Training Tax Credit– A refundable tax credit that is available to employers who hire and train apprentices in certain skilled trades during the first 36 months of an apprenticeship program that commenced on or after April 24, 2015. Click here for apprenticeship programs that commenced before April 24, 2015.
  • Apprenticeship Completion Employer Bonus– Ontario employers are eligible for a $1000 Bonus as a taxable cash grant for each apprentice they hire and train who completes his or her apprenticeship training and has received a Certificate of Apprenticeship and where, applicable, a Certificate of Qualification.

SECTOR-SPECIFIC INCENTIVES