Ministry Responsible for Small Business
Province Supporting Youth Employment and Small Businesses with New Hiring Incentive
Peterborough, ON – April 3, 2018
Ontario is helping young people find jobs and supporting employers by providing businesses with financial incentives to hire youth aged 15 to 29.
Jeff Leal, Minister Responsible for Small Business, made the announcement today at Morello’s Independent Grocer in Peterborough alongside Mitzie Hunter, Minister of Advanced Education and Skills Development.
The Employing Young Talent Incentive helps young people find jobs by offering:
- Small businesses with less than 100 employees, an initial $1,000 incentive upon hiring and an additional $1,000 retention incentive after six months for each youth hired through Employment Service.
- Business owners of any size an initial $1,000 incentive after three months of hiring, followed by an additional $1,000 retention incentive after six months, for hiring youth who face barriers to employment through the Youth Job Connection program.
Ontario’s plan to support care, create opportunity and make life more affordable during this period of rapid economic change includes a higher minimum wage and better working conditions, free tuition for hundreds of thousands of students, easier access to affordable child care, and free prescription drugs for everyone under 25, and 65 or over, through the biggest expansion of medicare in a generation.
Listen to the audio below: