There are many different government funding programs available to Canadian companies. The Scientific Research and Experimental Development (SR&ED) program is $3 billion tax credit initiative that supports the R&D expenditures of Canadian companies. This program is very popular and well… Read more »
Youth Employment Fund Helps Connect Employers with Skilled Young Workers
Through the provincial Youth Employment Fund (YEF), employers in Ontario can receive up to $6,800 to offset training and wage costs linked to a job placement for a young person. To be eligible for this hiring incentive funding, employers must… Read more »
Linking Government Grants to SR&ED: Business Expansion
The Canadian government spends approximately 24% of GDP on direct and indirect funding programs for businesses. Of that 24%, about 21% is available for indirect funding and 3% is available for direct funding. The indirect funding category is comprised of… Read more »
Youth Employment Fund (YEF)
The Ontario government has recently launched its comprehensive Youth Employment Fund (YEF) to promote employment and innovation through the creation of 25,000 new job opportunities for youth. The objective of the YEF program is to provide unemployed youth between the… Read more »