This article is part 2 of the training grants and programs made available by the Government of Canada. This article discusses The Canada Job Grant, which is available to businesses for offsetting the costs of training employees.
This grant is designed to reduce the costs of providing new and existing employees training in order to be more successful in their current position or for a role they have a planned development for.
Businesses whose employees have their applications approved can receive up to 2/3 of cost in training grants per employee. Each province has their own funding amounts and eligibility criteria, please check the website for your province’s administration rules as these are subject for review.
In the province of Saskatchewan:
- Federal and provincial funding covers up to 66.67%, $10,000 in employee training costs per trainee.
- Employers must be Saskatchewan-based with $2M liability insurance
- Trainees must be a resident of Saskatchewan, Canadian citizen, or granted refugee status
- Trainees must be employed with the company in which the applicant is processed through
- Career of Development Training: enhancing the skills, knowledge, and ability of employees to support career advancement
- Maintenance and Refresher Skills Training: updating and maintaining the skills, knowledge, and ability of specialists within an organization
- Essential Skills Training: providing the skills needed for work, learning, and life. These are easily transferrable skills employees can use to find a job and succeed in the workplace
Join us as we discuss in more detail the next grant available, “The Canada Summer Jobs Grant” in Part 3 of our 4 part series on training grants for your business.