What programs and services are available?

What programs and services are available?

R D tax incentives that are among the most generous in the world. The after-tax cost of $100 in R&D expenditures can be reduced to less than $37.

Ontario's Apprenticeship Training Tax Credit gives companies a 35% refundable tax credit on salaries and wages for new apprentices for the first 48 months of a qualified apprenticeship program to a maximum value of $40,000.

A suite of government programs that can help lower hiring and job training costs including:

Targeted Wage Subsidies Program: Temporary wage subsidies to assist employers providing on-the-job experience and hiring individuals who face barriers in finding employment.

Summer Jobs Service: Wage support for employers hiring students for seasonal jobs during the summer.

Northern Ontario Youth Internship and Co-op Program: A wage subsidy and an internship program for employers located in Northern Ontario to hire post-secondary students or graduates.

Job Connect: Training subsidies for employers who train youths out of school, out of work, not currently in a training program.