
Manitoba paid work experience tax credit
- Open continuously
Overview
Get a wage subsidy of 15 to 25% (maximum $5,000 per trainee) for providing paid work and on-the-job training opportunities for high school and post-secondary co-op students, graduates and apprentices.
At a glance
Funding available
- Attract or retain talent
- Develop workforce skills
- Up to 15% of project cost
- Open continuously
Eligible candidates
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Educational services
- Health care and social assistance
- Public administration
- Manitoba
- Non-profit
- Public or Parapublic institution
- For-profit business
- $ 200,000 maximum revenue
- All organization sizes
- Rural or Northern Residents
- Youth (<40)
- Primary and Secondary Education
- Higher Education
- Economic, Social and Community Development
- Employment and Training
- Business owners / entrepreneurs
- Nonprofits / charities
- Academia / students
- All structures
- Municipal
- Provincial
Next Steps
Activities funded
The Paid Work Experience Tax Credits provide incentives for employers to offer structured work placements and hiring opportunities to various categories of students and graduates in Manitoba. These activities aim to enhance workforce participation and skill development.
- Placement of high school students in registered vocational programs offering paid work experience.
- Hiring of high school apprentices for workforce training.
- Placement of post-secondary co-op students linked to their studies.
- Hiring of post-secondary co-op graduates for permanent employment in Manitoba.
- Providing apprenticeships for trainees in both Red Seal and non-Red-Seal trades.
- Incentives for hiring newly certified journeypersons.
Eligibility
Who is eligible?
The Corporate Tax Credits in Manitoba have specific eligibility requirements based on the type of credit being applied for. Generally, eligibility can include businesses across various sectors, such as manufacturing, film production, digital media, book publishing, cultural printing, research and development, green energy, and child care development. These programs are available to corporations and businesses operating in Manitoba that meet the defined criteria for each credit. For precise eligibility requirements, applicants must consider the specific guidelines provided for each tax credit program.Who is not eligible
There are no explicit restrictions or excluded companies detailed in the context provided for this tax credit program. The eligibility criteria focus on positive conditions rather than exclusions.
Eligible expenses
Several tax credits in Manitoba support a range of projects and activities, especially in the manufacturing, film, cultural, and clean energy sectors. These credits provide financial incentives for businesses to enhance their operations and contribute to the economic development of Manitoba.
- Acquisition of plant, machinery, and equipment for manufacturing or processing purposes.
- Production and development of eligible film and video projects in Manitoba.
- Publishing of books that meet specific creative and environmental criteria.
- Implementation of research and development projects within the province.
- Creation of paid work experiences for students and apprentices.
- Purchase and installation of renewable energy and energy-efficient equipment.
- Development of childcare centers by corporations.
Eligible geographic areas
This grant is administered in Manitoba by the province's relevant departments, making it specific to businesses operating within this Canadian province.
- Businesses and entities operating in Manitoba, Canada.
Additional information
Here are additional relevant details for this tax credit program:
- The program allows for carry-forward of unused tax credits up to ten years, providing flexibility when the corporation doesn't have enough taxable income to fully utilize the credit in the year it is earned.
- An income tax election option is available, allowing taxpayers to renounce the Manufacturing Investment Tax Credit partially or fully, if needed.
- The program is administered by the Canada Revenue Agency on behalf of Manitoba, indicating a streamlined procedure through federal tax administration channels.
- Eligible equipment includes those used to produce energy from renewable sources and energy-efficient equipment, under class 43.1 of the Income Tax Act, indicating an emphasis on sustainable practices.