New: Student Work Placement Program (SWPP)
The Student Work Placement Program (SWPP), formerly known as Student Work-Integrated Learning Program (SWILP), funds employers from organizations in biotechnology, information and communications technology, aviation, aerospace and environmental sectors, who may be eligible for wage subsidies of $5,000 to $7,000 per student from September 2017 onwards. Details can be found on the Government of Canada website.
Canada Summer Jobs
Canada Summer Jobs provides funding to not-for-profit organizations, public-sector employers and small businesses with 50 or fewer employees to create summer job opportunities for young people aged 15 to 30 years who are full-time students intending to return to their studies in the next school year.
Co-operative Education Tax Credit
The Co-operative Education Tax Credit is a refundable tax credit for Ontario-based co-op employers who hire students enrolled in a co-operative education program at an Ontario university or college. Corporations can claim 25% of eligible expenditures (30% for small businesses), for up to a maximum credit of $3,000 per co-op term. Most co-op terms range from a minimum period of ten weeks up to a maximum of four months. Eligible corporations can claim the tax credit on Schedule T2SCH550 of their T2 Corporation Income Tax Return.
Export Market Access
Export Market Access is designed to help small and medium-size enterprises located in Ontario increase their access to global markets. Companies at least two years old with 5 to 500 employees and minimum annual sales totaling $500,000 may qualify for grant coverage of up to 50% of eligible expenditures. Applications should be submitted at least six weeks prior to a project start date.
Green Jobs Science & Technology Internship Program
Green Jobs Science & Technology Internship Program (STIP) is funded by Natural Resource Canada. Green Jobs STIP provides wage subsidies for hiring organizations in the natural resource sectors to host eligible interns for six to 12-month internships. Eligible employers will be provided with salary support of up to 80% of an intern’s salary, to a maximum of $10,000. The application deadline to submit a proposal is typically in mid-April.
National Sciences & Engineering Research Council of Canada Experience Award
The National Sciences & Engineering Research Council of Canada (NSERC) Experience Award offers companies access to talented natural sciences and engineering undergraduate students for a work term. This cost-shared program allows students to address company-specific research and development challenges while gaining valuable industrial experience.
Northern Ontario Heritage Fund Corporation
The Northern Ontario Heritage Fund Corporation provides program funding for existing and growing sectors in Northern Ontario. There are 12 different programs, each with unique funding and eligibility requirements. The program application deadline is March 31, 2019.
Ontario Innovation Tax Credit
Ontario Innovation Tax Credit provides a refundable tax credit for Ontario corporations working in scientific research and experimental development areas. Qualifying corporations can claim 8% (for taxation years that begin after May 31, 2016), up to a maximum of $300,000 per year.
Scientific Research & Experimental Development Program
The Scientific Research & Experimental Development (SR&ED) program is a federal tax incentive program designed to encourage Canadian businesses to conduct research and development in Canada. Eligible companies may deduct SR&ED expenditures from their income for tax purposes and receive a SR&ED investment tax credit. A Canadian-controlled private corporation can earn a refundable ITC of 35% on qualified expenditures, up to a maximum of $3 million.
SMART Advanced Technologies for Global Growth
The SMART Advanced Technologies for Global Growth program assists small and mid- sized Southern Ontario manufacturers with between 15 and 1000 employees in adopting new technologies to improve productivity and increase global competitiveness. Advanced Technology Adaptation / Adoption Projects focus on improving productivity through the adaptation or adoption of new or upgraded advanced technologies. Projects will be eligible for funding of 35% of eligible costs to a maximum of $100,000.
SMART Productivity Assessments Initiative
The SMART Productivity Assessments Initiative assists and supports small and mid-sized Northern Ontario manufacturers to improve their operations. The SMART Program will contribute 50% to a maximum of $15,000 of costs for eligible companies with no more than 500 employees. Applications and project proposals submitted must be for future work and not for any assessments that have been previously completed.
SmartStart Seed Fund
The Ontario Centres of Excellence SmartStart Seed Fund is open to young entrepreneurs in Ontario aged 18-29 and entrepreneurs aged 30+ engaged with technology or innovation-based start-ups. The Fund provides seed funding of up to $60,000 for youth streams. Applications must be initiated at least seven days prior to the submission deadline, which is in early to mid-May.
Young Canada Works in Both Official Languages
Young Canada Works in Both Official Languages is a summer job program that allows eligible employers to benefit from wage subsidies and access to a pool of talented youth with innovative ideas and competitive skills. Positions last up to 16 weeks and students must work 30 to 40 hours per week. The program may contribute up to 50% of the student's employment costs for private and public sector organizations and up to 70% of the student's employment costs for non-profit organizations. The application deadline for summer work terms is typically due in mid-February.
Young Canada Works in Heritage Organizations
Young Canada Works in Heritage Organizations is a summer job program that allows eligible employers to benefit from wage subsidies and access to a pool of talented youth with innovative ideas and competitive skills. Positions last up to 16 weeks and students must work 30 to 40 hours per week. The program may contribute up to 75% of the student’s employment costs to a maximum of $8,000 per job and $50,000 per employer. The application deadline for summer work terms is typically due in early February.
Youth-Green Employment Program
The Youth-Green Employment Program is open to green companies with fewer than 500 employees. To be 'green,' companies must align with the green economy or be hiring for a youth internship role which will produce an environmental benefit. The internship must last from three to six months. The program will cost-share a portion of the salary costs of a youth candidate. The firm is responsible for other expenses such as benefits and overhead costs. Proposals are accepted at any time and are processed quickly.