Wage subsidies may be available
Are high wage expectations making you reluctant to put up that Help Wanted sign? A wage subsidy program can put the perfect employee within your reach. For a complete, Canada-wide list, please visit: http://www.canadabusiness.ca/eng/guide/1137/
Some highlights include:
Apprenticeship Job Creation Tax Credit
If you hire an eligible apprentice, you can receive a tax credit equivalent to 10% of their salary.
Applies to: All of Canada – http://www.canadabusiness.ca/eng/summary/1083/
Apprenticeship Training Tax Credit
You may qualify for an annual tax credit of up to $10,000 per qualifying apprentice to a maximum of $40,000 over a 48 month period.
Applies to: Ontario – http://www.canadabusiness.ca/eng/summary/2918/
Canada Summer Jobs
If you hire a student for the summer, this subsidy could help you cover 50% of their wages.
Applies to: All of Canada – http://www.canadabusiness.ca/eng/summary/5926/
This wage subsidy could help you pay part of the salary of college or university graduates, if you provide them with relevant work experience.
Applies to: All of Canada – http://www.canadabusiness.ca/eng/summary/4959/
Computer Animation and Special Effects Tax Credit
Your corporation may qualify for a 20% refundable tax credit based on labour expenses for performing computer animation and special effects activities.
Applies to: Ontario – http://www.canadabusiness.ca/eng/summary/2929/
Co-operative Education Tax Credit
You may qualify for a refundable tax credit of up to $3,000 per placement to hire a student who is participating in a co-operative education program at a recognized Ontario university or college.
Applies to: Ontario – http://www.canadabusiness.ca/eng/summary/2946/
Employer Signing Bonus
You may qualify for a $2,000 signing bonus if you register a new apprentice in a sector where there is a high demand for skilled workers.
Applies to: Ontario – http://www.canadabusiness.ca/eng/summary/2377/
Housing Internship Initiative for First Nations and Inuit Youth
Your housing-related Aboriginal business may qualify for wage subsidies of up to $10,000 to hire and train First Nations or Inuit youths.
Applies to: All of Canada – http://www.canadabusiness.ca/eng/summary/5139/
Ontario Film and Television Tax Credit
If you are a Canadian corporation established in Ontario, your business may qualify for a refundable tax credit based on labour expenses of an Ontario film and television production.
Applies to: Ontario – http://www.canadabusiness.ca/eng/summary/2953/
Ontario Job Creation Partnerships
Receive a wage subsidy for your community-based projects, when you give job seekers meaningful work experience.
Applies to: Ontario – http://www.canadabusiness.ca/eng/summary/2414/
Ontario Labour Market Partnerships
Access funding to deal with labour force changes.
Applies to: Ontario – http://www.canadabusiness.ca/eng/summary/2371
Ontario Summer Jobs Service Program
Get a $2-per-hour hiring incentive if you hire a student for rural and northern summer jobs placement.
Applies to: Ontario – http://www.canadabusiness.ca/eng/summary/2778/
Opportunities Fund – Funding for Employers and Organizations
If you are a person with disabilities who wants to start a business or an employer who would like to hire someone with a disability, you could qualify for funds.
Applies to: All of Canada – http://www.canadabusiness.ca/eng/summary/4937/