Category: HR CNNX

What Are The OITC, OBRITC, and ORDTC Provincial SR&ED Tax Credits?

The Federal Government offers a research and development tax credit program for businesses called Scientific Research and Experimental Development (SR&ED). Most provinces and territories have created their own versions of this program that can be stacked with SR&ED tax credits. Because this federal program has been so successful, most provinces and territories have created their own…

​Canada Summer Jobs Wage Subsidy – What to Expect for 2023

Through the Canada Summer Jobs (CSJ) program, businesses and non-profits throughout Canada are able to apply for wage subsidies. The program provides up to 50% of the minimum wage to employers in the private/public sector to cover co-ops, recent graduates, and youth hiring costs, and 100% to non-profits. Canada Summer Jobs is a program under…

The Skills Development Fund (Sdf) Has Opened Its Application Process With an Additional $90 Million to Address Labour Shortages

Government of Ontario’s Skills Development Fund (SDF) has supported 388 approved training projects across the province in the past two rounds, helping to provide career opportunities to more than 393,000 people. A third round of funding is now open for the SDF, with an additional $90 million investment for the purpose of addressing the current…

Save on Energy Incentives and Programs for SME Businesses in Ontario

Through its Save on Energy program, the provincial government of Ontario offers various grants and incentives to households and businesses located within the province. The purpose of this article is to cover the current Small and Medium Enterprises (SMEs) grants and incentive programs. The current Save on Energy business incentive programs are: (1) The Energy…

Missed Applying for Canada Summer Jobs (CSJ)? More Youth Wage Subsidies

Canada Summer Jobs (CSJ) is one of Canada’s largest wage subsidy programs, which provides 50% to 100% of an employee’s minimum wage during full-time employment from 6 to 16 weeks. By the end of each winter, there is no funding left for this program because it is extremely popular. Most employers don’t realize until too…

Mythbusters: Employment Trends in 2022

Hiring strategies, retaining talent, and recruiting has never been more of a challenge to businesses of all sizes in the year of 2022. In the employment industry today, there are ongoing trends that can really help you understand the current market in order to successfully acquire the skill and staff you need. Check out this…