Hiring Incentives

  • Apprenticeship Training Tax Credit

    Amount: Maximum of $10,000/year/apprentice; Maximum of $40,000/48-month period

    Employers that hire apprentices in specific skilled trades may qualify for up to a Maximum of $10,000/year/apprentice; Maximum of $40,000/48-month period in the form of a refundable tax credit on specified expenditures. Apprenticeship Completion Grant of $1,000 available to an employer for every completed apprenticeship.

    Eligibility Requirements and Application Procedures for Apprenticeship Training Tax Credit

    Career Focus Initiative – Electricity Sector Council

    Amount: Maximum of $12,500 over a 12-month work period

    This wage subsidy program is open to energy-related businesses. Those who meet the eligibility requirements will be provided with a subsidy equal to half of the eligible participant’s salary up to a maximum of $12,500 over a maximum 12-month work period.

    Eligibility Requirements and Application Procedures for Career Focus Initiative - Electricity Sector Council

    Career Focus Initiative – BioTalent First Bio Job

    Amount: Maximum of $20,000

    This wage subsidy program funding provides up to $20,000 towards your salary as an incentive for employers to hire and train recent graduates. Eligible employers must be registered on BioTalent Canada’s online job board specific to the Canadian bio-economy.

    Eligibility Requirements and Application Procedures for Career Focus Initiative - BioTalent First Bio Job

    Co-operative Education Tax Credit

    Amount: Maximum credit of $3,000 per work placement

    This tax credit (Maximum credit of $3,000 per co-op work term) is a refundable tax credit available to employers who hire students in a co-operative education program at an Ontario university or college. The program is administered by the Canada Revenue Agency through the Federal income tax system.

    Eligibility Requirements and Application Procedures for Co-operative Education Tax Credit

    Environmental Internships and Wage Subsidies

    Amount: Maximum of $12,000

    This internship program provides environmental employers with a wage-subsidy of up to $12,000 to connect new graduates with environment industry employment.

    Eligibility Requirements and Application Procedures for Environmental Internships and Wage Subsidies

    Graduate Enterprise Internship (GEI)

    Amount: Maximum of $10,000 for a 6-month internship

    Southern Ontario small or medium-sized enterprises may be eligible for up to $10,000 of matching funds for a 6-month internship for a recent graduate of an Advanced Diploma program. Students who have graduated from STEM (science, technology, engineering, mathematics) programs will be considered for participation.

    Eligibility Requirements and Application Procedures for Graduate Enterprise Internship

    The Ontario Innovation Tax Credit (OITC)

    Amount: Maximum of $300,000

    10% refundable tax credit, up to $300,000 per year available for Ontario private and public sector corporations. This could be used towards the hiring of students for Scientific Research and Experimental Development in Ontario.

    Eligibility Requirements and Application Procedures for The Ontario Innovation Tax Credit

    Lambton College Employment Services Training Incentives

    Are you an employer looking to hire in the Lambton County area? Employment Ontario Employment Service providers use a standardized formulae to help determine consistent, fair and appropriate funding levels for employers and participants. The amount of the incentive will vary based on complexity of job skill level required and length of training required. For more information contact Dave.Gibbons@lambtoncollege.ca c/o Lambton College Employment Services in Petrolia.

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