Funding & Hiring Incentives
Applying for and managing wage subsidies and hiring incentives has never been easier. Funding for Futures facilitates the process for you.
About Funding for Futures
Supporting newcomers to Canada, youth, students and third- and fourth-year apprentices.
The Funding for Futures platform is used to help you manage the wage subsidy application, check application status, submit claims and verify payment status for your (potential) new hire.
The electricity sector in Canada is growing. Current forecasts suggest an additional 2-3x more generation, transmission and distribution capacity by 2050. This means a growing workforce to build, operate and maintain this new carbon-neutral infrastructure. EHRC is here to help with wage subsidies and hiring incentives to support employers in hiring their future employees, and offering a new generation of talent opportunities to work in this growing industry.
Funding for Futures Placement Management Process
Employer submits application
Participant sends eligibility form
Processing time: up to 10 business days
Contract for successful placements signed by Employer, Participant and EHRC
Employer and Participant create a Learning Plan
Employer submits monthly claims for reimbursement
Employer completes evaluation survey
Participant completes evaluation survey
Funded placement ends
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Destination Trade
Destination Trade is Canada’s third- or fourth-year apprentice work placement initiative for the electricity industry, providing wage subsidies of up to $5,000 to small to mid-sized employers who create work opportunities and support the completion of apprentices’ Certificate of Qualification.
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Empowering Futures
Empowering Futures Program is Canada’s student work placement initiative for the electricity industry, providing financial incentives of up to $7,000 to employers who create new Work-Integrated Learning (WIL) opportunities for students.
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Discovering Potential
Employers providing un- and under-employed youth with work experience may be eligible for this program. Wage subsidies of between 50-75% of a participant’s wages, with a maximum benefit of between $11,000 and $24,000 per participant are available.
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Welcoming Newcomers
Employers that hire Newcomers to Canada may be eligible for up to $10,000 per participant for wage subsidies, skills development and/or on-the-job training.
Sometimes Change is Hard
EHRC has provided a series of funding programs to assist organizations in accessing talent from talent pools they may not have previously considered. Recognizing that, EHRC has developed a series of change management tools and resources to assist with this. This is important as the sector experiences a wave of retirements and simultaneous growth due to electrification requiring rapid onboarding and upskilling.
Preparing for Change
Employers need a reliable succession plan in place to make sure skill gaps are filled as they open up.
In addition, employers will need a workforce plan that ensures the knowledge of the previous generation doesn’t leave the organization with them—coaching and mentoring tools can help to pass that knowledge directly to the next generation.
Electricity Human Resources Canada (EHRC) has prepared resources for employers to meet these needs: access them below.
