Job Creation Incentive Program

The program will encourage hiring by providing grants to employers for creating net new employment on or after January 1, 2016. Grants will be worth up to $5,000 for each new job, with a cap of 100 new full-time jobs.

Grants will be calculated using the same insurable earnings data that employers must submit to the federal government.

Grants will be made available on a first-come, first-serve basis to eligible employers including:

• small and medium enterprises
• corporations
• registered charities
• other non-profit entities

Government entities such as hospitals, schools and other levels of government will not be eligible.

This plan will be the most extensive program of its kind in Canada. It will support organizations of all sizes and employment across all non-public sectors.

The government is investing a total of $178 million over the course of two calendar years. The Job Creation Incentive Program will support employers in creating up to 27,000 new jobs a year. The actual number will vary depending on the types of positions and wage levels. For example, if most applications are at the high end of the grant cap, that number would likely be closer to 18,000 new jobs.

Grants will be calculated using insurable earnings data that employers must submit to the federal government. Net new employment is determined from employment in 2016 over 2015 to determine the employer’s grant eligibility for 2016.

The program will launch in spring 2016.

Further details on the program, application requirements and procedures will be made available at a later date.

News Release

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