Ontario Chamber of Commerce | Talent Opportunities Program
“Ontario Chamber of Commerce”
$7,000.00
Maximum Eligible Amount
Government Grant
Fund Type
The Talent Opportunities Program (TOP) is an initiative of the Ontario Chamber of Commerce designed to help employers located anywhere in Canada hire college and university students on work placements. Employers hiring eligible students may receive a wage subsidy up to up to 50% of the wages (to a maximum of $5,000) for each net new placement or 70% of the wages (to a maximum of $7,000) for each net new placement for the following under-represented groups: Indigenous people, person with disabilities, newcomer, first year student, visible minority and/or women in STEM.
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The Government of Canada announced in Budget 2021 an additional $239.8 million for the Student Work Placement (SWP) Program to increase the number of SWP funded placements, from the planned 20,000 to 40,000, as well as extend the following temporary COVID-related flexibilities for another year in 2021-2022:
Increase the wage subsidy to up to 75% (from up to 50% for general placements and up to 70% for placements targeting under-represented students).
Continue to apply the removal of net new placement criteria – waiving of the eligibility criteria requiring employers to exceed the number of placements offered in the past year under the program.
Recognizing that the pandemic has changed the way businesses operate, and as a result, post-secondary institutions (universities, colleges and polytechnics) can continue to be the employer of record to offer meaningful placements to students. Please note this measure will be in place until July 31, 2022.
WIL opportunities help to bridge the gap between formal post-secondary learning and the skill requirements of Canadian employers.
Benefits for students include the opportunity to:
• Develop and improve technical and employability skills (i.e. strategic thinking, problem solving, teamwork)
• Gain work experience and connections to employers in fields related to academic studies;
• Acquire clarity on career path decisions; and
• Access higher earnings and employment opportunities upon graduation.
TOP provides eligible employers with wage subsidies to hire eligible post-secondary students for paid work experiences. Students benefit from quality work experiences related to their fields of study.
TOP is funded by the Government of Canada’s Student Work Placement Program (SWPP)
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