Financial Incentives for Employers
Access financial incentives
You can take advantage of tax incentives, funding and programs for hiring ITWs for your business, and subsidized employer services offered by not-for-profit or public-sector organization. A few options you may wish to explore:
Federal Internship for Newcomers (FIN) Program
All qualified candidates of this program have the necessary language skills and are ready to work. They are screened by immigrant-serving organizations (ISOs) and provided with training, if needed. They are also evaluated and interviewed thoroughly by Immigration, Refugees and Citizenship Canada (IRCC). Candidates can work in fields such as policy, administration, project management, computer science, communications, science and finance. During the internship, each candidate is paired with a mentor and provided with various training opportunities (e.g. cross-cultural training). You may go on the Government of Ontario website to see if you qualify for this financial incentive.
To learn more, visit: Low Risk, Big Return: Using Paid Internships to Recruit Skilled Immigrant Talent
Ontario Job Creation Partnerships
This is an employment program that provides work experience to unemployed job seekers, such as ITWs, within projects that benefit the community or local economy. At the end of their participation, participants in the program will have recent work experience and additional skills to add to their résumés, increasing their chances of successfully finding long-term employment. You may go on the Government of Ontario website to see if you qualify for this financial incentive.
Environmental Youth Corps Internship Program
This program gives eligible employers who work in science, technology, engineering, or mathematics (STEM), up to 50% of an intern’s salary (up to $15,000) for new full-time environmental jobs. You may go on the Government of Ontario website to see if you qualify for this financial incentive.
A wage subsidy is a type of funding that helps cover part of an employee’s wage for a specific amount of time. This initiative normally applies to hiring youth (up to the age of 30) and older workers (between the ages of 55 and 64), including immigrant workers. You may go on the Government of Ontario website to see if you qualify for wage subsidies.
A tax credit generally allows you to claim back an amount or percentage of the money you spent on certain activities when you file your income tax return. Tax credits for employers apply to Apprenticeship Job Creation and to Co-operative Education. You may go on the Government of Ontario website to see if you qualify for tax credit.
See if you qualify for other Hiring Incentives for Employers
Access no-fee recruitment and retention services
How often do you get free services from recruitment experts? If you are looking to hire ITWs you can access such free services any time you need them. Check our Find Services section to find help in your area.
Not-for-profit organizations in your area may also be offering services to help with job retention, such as an on-the-job course, English language and communication coaching and others.