Incentives & Taxes
All taxation inquiries should be directed to the Finance Department at (519) 736-5401.
The governments of Ontario and Canada offer programs which provide tax incentives and wage subsidies for employers. Please click on the program title for direct access to funding program details.
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Cooperative Education Tax Credit (CETC)
Provides a tax credit for 10 per cent of salary or wage to a maximum of $1,000 per three month work placement for student in cooperative education or leading-edgbe technology programs.
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Industrial Research Assistance Program (IRAP)
The National Research Council provides a wage subsidy which enables technology based small/medium-sized enterprises to hire recent graduates for six months.
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Ontario Job Connect
Provides a wage subsidy to enable employers to hire and provide on-th-job-training. This program is provided by the Ontario Ministry of Training, Colleges and Universities.
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Federal Targeted Wage Subsidy
Provides a wage subsidy for up to on year (maximum 60 per cent of wages paid), to hire individuals re-entering the workforce.
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Ontario Employer Heath Tax (EHT)
Provides eligible employers exemption from paying Employer Health Tax on some, or all, of their annual total Ontario payroll.
- Children's Fitness Credit (Line 365)
- You may be able to claim up to $500 per child for the fees paid in 2009 that relate to the cost of registering your child in a prescribed program of physical activity.