Funding, Grants, and Resources for Employers
There are many funding opportunities, including programs specifically related to COVID-19, available to Canadian employers of all sizes:
- The Canada Emergency Wage Subsidy (CEWS) — The CEWS provides a wage subsidy of up to 65% to help eligible employers prevent further job losses, re-hire workers previously laid off as a result of COVID-19, and to better position Canadian companies to resume normal operations following the crisis. Learn more.
- The Student Work Placement Program (SWPP) — Provides employers with wage subsidies of up to $7,500 per Canadian student they hire. Learn more.
- The Canada Summer Jobs Program — The Government of Canada introduced temporary flexibilities to the Canada Summer Jobs Program allowing eligible employers (both private and public sector) to receive a wage subsidy reimbursement of up to 75% of the provincial or territorial minimum hourly wage, as well as the option to extend the end date for employment (including part time) to February 26, 2022. The call for applications is open until January 29, 2021. Learn more.
- National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) — The Youth Employment Program offers financial assistance to offset the cost of hiring young talent to work on projects with R&D, engineering, multimedia, or market analysis components or to help develop a new product or process. Learn more.
- The Canada Emergency Business Account (CEBA) — Provides interest-free loans of up to $40,000 to small businesses and not-for-profits to help cover their operating costs during a period where their revenues have been temporarily reduced. Contact your financial institution to apply for the CEBA loan. Learn more.
- The Co-operative Education Tax Credit — Corporations can claim 25% of eligible expenditures while small businesses can claim 30%, up to a maximum credit of $3,000 per work placement. Learn more.
- Temporary Wage Subsidy for Employers — A three-month measure that will allow eligible employers to reduce the amount of payroll deductions required to be remitted to the Canada Revenue Agency. Learn more.
- Work-Sharing Agreements — The Government of Canada has introduced temporary special measures that extend the maximum duration from 38 weeks to 76 weeks. Learn more.
- Canada’s COVID-19 Economic Response Plan — A host of supports for individuals facing hardship as a result of the Coronavirus pandemic. Learn more.
Tip Sheets and Additional Resources
- Checklist: Protecting Your Staff and Students from COVID-19
- Financial Resources for Employers Impacted by COVID-19
- Webinar (Recorded): COVID-19 Implications for Co-op Students and Their Employers (Persaud Employment Law)
- Tips for Onboarding Students Remotely (CEWIL Canada)
- Tips for Supervising Students Remotely (CEWIL Canada)
- Tips for Working at Home (CEWIL Canada)
- Getting Your Workplace Ready for COVID-19 (World Health Organization)
- The 2020 Guide to Canadian Recruitment: COVID-19 Edition (TalentEgg)