In a previous newsletter and blog post, we expressed concern about reports that the federal government is considering taxing employer-paid health and dental beneﬁts. At that time we asked our members to send an email to local MP's and the Minister of Finance to share your views on this issue.
In the House of Commons on February 1st,
the Prime Minister said
the government will not be moving forward with the tax. We will continue to monitor developments, but this is very positive news. Thank you for being part of this initiative. The Chamber network has a powerful voice when we all work together!
FedNor Invests Nearly $700,000 to Support Innovative Businesses and Youth
The Government of Canada is investing $698,400 to enable the
Northwestern Ontario Innovation Centre
(NOIC) to launch two three-year pilot programs in support of innovative, small-medium sized enterprises, and youth recruitment and retention in Northwestern Ontario.
$499,000 will support the launch of the
Business Growth and Talent Development project. Through this initiative, innovative small and medium-sized enterprises in Northwestern Ontario will have access to funding to help them hire young professional employees for 15-month placements. The goal of the project is to assist companies with business growth and market development.
The remaining $199,400 will enable the NOIC to introduce its
project that will provide entrepreneurial, innovative youth (aged 18-29) with experiential learning and training through 15-week placements with innovative small and medium-sized enterprises. Under this program, SMEs that identify a need for support with a specific project will be matched with qualified youth based on their skills, interest, and need. The project is expected to lead to full-time employment for many of the participants.
For more details on how your business can benefit
visit the NOIC website