On March 28, 2014, Ontario signed the Canada-Ontario Job Fund Agreement with the federal government, which will provide Ontario with $192 million per year for the next six years.
The Agreement is a key source of funding for new employer-led training through the Canada-Ontario Job Grant.
If you are an employer with specific workforce skill needs that can be learned or developed through an existing training program, the Canada-Ontario Job Grant can help. The grant can provide funding to train individuals identified by an employer—this can include current employees or new hires.
Support for an individual’s training costs under the Canada-Ontario Job Grant is shared between the government and the employer.
The government will provide two-thirds (2/3) of the eligible training costs up to a maximum of $10,000 per individual.
Ontario’s large employers (more than 50 employees) must contribute one-third (1/3) of eligible training costs per person. Small employers (fewer than 50 employees) must also contribute one-third (1/3) of the eligible training costs. However, half (1/2) of these costs (i.e., one-sixth of total eligible training costs) can consist of wages paid to the employee.
Eligible training costs include:
- Tuition or other training provider fees
- Textbooks, software and other required materials
- Mandatory student fees
- Examination fees
If you are interested, please follow the link below and download the application form:
Do not hesitate to contact us if you have any questions about this program.