The Alberta provincial government offers a new wage subsidy program to address the ongoing labour shortages within the province and nationwide. This new subsidy will help fill more positions and decrease the provincial unemployment rate. This program was launched as provinces continue to balance the re-opening of their economy and lighten pandemic precautions to create and maintain jobs for Albertans. The Alberta Jobs Now program will provide up to $370 million towards getting thousands of Albertans back to work.
The Business Development Bank of Canada (BDC) says that 55% of Canadian entrepreneurs are struggling to hire the workers they need, which leaves them with no choice but to work more hours and delay or refuse orders. The need for Canadian government wage subsidies and other hiring and training programs is significant.
Program Snapshot: Alberta Jobs Now Program
Amount of Funding:
Eligible employers can hire up to ten employees through this program. Some employers may be eligible for a maximum of up to 20 employees, but this will be determined case-by-case. Eligible applicants will receive a different amount of costs being covered depending on the applicant being hired.
This program will help offset salary or training costs, or both, equal to:
- 25% of a new hire’s salary up to $25,000 per employee.
- 37.5% of the new hire’s salary up to $37,500 per employee with a disability.
Businesses that are eligible for funding through the Alberta Jobs Now Program can choose to receive their payments issued in one or two payments:
- One payment: Up to 100% of the grant after new hires have been employed for 52 weeks.
- Two payments:
- Half of the eligible grant is paid when the new hires have been employed for three months,
- The other half paid when the new hires have been employed for 52 weeks
- New businesses and organizations established within six months before application will receive 25% of funding at three months and 75% at 52 weeks.
The eligibility criteria for the program have been expanded to include businesses established in the past year. All employers eligible for funding through this program must meet the following requirements:
- Be located and operating in Alberta;
- Be incorporated and have a registered Trade Name or be registered under an act of the legislature of a province or the Parliament of Canada;
- Provide safe working conditions, be in good standing and comply with the Employment Standards Code, Occupational Health and Safety Act, Workers’ Compensation Act, and all other applicable legislation and regulations; and
- Have met or currently meet all obligations to the province under previous grant agreements
Eligible New Hires:
Employers can apply for up to ten new hires to help more businesses access funding through the program. On a case-by-case basis, employers may receive an exemption for up to 20 new hires if they can demonstrate substantial need.
Like the eligible employer’s section, the eligible hires through this program have been expanded during the second intake period. Employers now have up to 90 days to recruit for approved positions under the program. Minimum hours for eligible employees have been reduced to 15 hours per week to include part-time jobs.
- New hires are eligible if they were hired on or after May 19, 2021, and meet all other eligibility criteria;
- A previous employee of the employer can be considered a new hire, provided they have not been working for the employer applicant, part or full-time for the past 90 days;
- Must be a resident of, and will be working in, Alberta during the grant period; and
- Must be a Canadian citizen, a permanent resident, or protected persons under the Canadian Immigration and Refugee Protection Act, who is legally entitled to work in Canada.
Under this program, an eligible person with a disability is defined as persons who have a physical, mental, sensory, intellectual, or learning impairment, which may hinder their labor market participation in interaction with various barriers. You can visit the Alberta Careers page for hiring a person with disabilities.
Deadline to Apply and Submit New Hires:
The Alberta Jobs Now Program is currently on its second intake period, which opened on November 10, 2021, and will remain open until allocated funding. The third intake period for this program will be announced later.
The start date for new hires can be no longer than 90 calendar days after the application approval, and new hire information should be submitted within 30 calendar days after the new hire’s start date.
Apply for the Alberta Jobs Now Program
Funding for this program is in high demand, and if your eligible business has a position in mind, we strongly encourage you to apply sooner than later. For assistance with the application writing and submission, Mentor Works team of Canadian government funding specialists can take care of the grant writing process. We provide our clients with estimated 95%-time savings compared to businesses that apply for funding in-house.
This article is reprinted with permission from Mentor Works. You can find the original article here.