In British Columbia, the cost-sharing Canada-BC Job Grant is a program that provides funding to employers to invest in the training of new employees and to update the skills of current employees. Through this grant, an employer may receive reimbursement for up to two-thirds of eligible costs related to an employee’s training, including tuition, software, and textbooks. An employer may receive financial assistance up to $10,000 per employee, which can be extended to multiple employees.
A requirement of the program is that a third-party trainer, such as a university or career college, must provide training that aligns with the needs of the business. There are several areas of training that are eligible for reimbursement, including technical, business, and essential skills training. In order for an employer to receive funding through this grant, the employer is required to have a training plan and must ensure that the job will remain available to the employee following training.