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.

• 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.

• 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.

• 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.

• 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.

• 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.