This Canadian government funding for small business tax credit is a refundable tax credit available to employers who hire and train apprentices in certain skilled trades. The business tax credit is administered by the Canada Revenue Agency (CRA) through the federal tax system on behalf of the province of Ontario. Amount of Tax Credit…
The Science and Technology Internship Program (STIP) offers recent graduates from science and engineering programs the opportunity to gain relevant work experience while benefiting employers through this government grants for small business hiring program. Companies eligible for this small business grant: Any non-government organization including small and medium-sized businesses can apply for one of these…
The Canada Revenue Agency (CRA) announced last week that it has extended this incentive program for SME employers. In addition to several small business grants programs, the Government of Canada has also decided to extend the Hiring Credit for Small Business (HCSB) for 2012. The 2011 federal budget created the HCSB to create jobs, grow the economy…
On Friday February 8th the Minister of State (Science and Technology) was in Montreal visiting McGill University where he announced the government’s support for 83 scientific teams at universities across Canada through research and development funding. The Natural Sciences and Engineering Council (NSERC) is a federal agency that supports Canadian discoverers and innovators for…
FedDev Government Funding for Small Business Much like many of the small business grants offered by FedDev, this initiative is aimed at developing a more diversified and competitive economy in Southern Ontario. FedDev has pledged $210 million to this program which will give businesses the tools they need to expand geographically as well as generate…
The Northern Ontario Development Program (NODP) is the flagship program of the regional economic development agency for Northern Ontario (FedNor). NODP features several programs and initiatives to stimulate economic investment and innovation in Northern Ontario communities. NODP Program Funding Grants for Small Business Development The Northern Ontario Development Program features 3 key initiatives that provide…
The Federal and Provincial Governments offer numerous services and Ontario government funding incentives to help new Canadians find meaningful and valuable work experience. The following list of programs is only a small selection of the Canadian Government funding support available for internationally trained immigrants and foreign workers. 1. Enhanced Language Training (ELT) The Enhanced Language…
The Federal Internship for Newcomers (FIN) Program is a relatively new Canadian Government funding incentive that provides new Canadians with valuable temporary work experience with federal government departments. Federal Internship for Newcomers Program Eligible candidates will be hired for 90 business days and may be provided the option of extending their internships for an additional…
Expenses related to one of the most relied on natural resources may be subsidized for your business through Canadian government funding. Small businesses in Canada are eligible for a tax credit for any gasoline purchased and used in any unlicensed business equipment. If your business buys gasoline for unlicensed equipment that may include farming, construction…
The Apprenticeship Incentive Canadian government funding program encourages apprentices to begin and continue their training in a designated Red Seal trade. This government funding for business program helps cover expenses related to tuition, tools and travel. This Canadian taxable cash grant program is a taxable amount of $1,000 per year for registered apprentices once they…