Closed
Personal Support Worker Retirement Savings Innovation Program-Solicited Call
Supports innovative retirement savings pilots for care workers
Last Update: April 29, 2026
Funding available
$ 1,000,000 - $ 30,000,000
Timeline
- Open Date : November 25, 2024
- Closing date : January 24, 2025
Location
Canada
Overview
This program provides between $1 million and $30 million to support a 24-month pilot project. It funds innovative retirement savings incentives for personal support workers without workplace retirement security coverage.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Develop a new program or service
- Enhance an existing program
Eligible Funding
- Maximum amount : 30,000,000 $
- Minimum amount : 1,000,000 $
Timeline
- Open Date : November 25, 2024
- Closing date : January 24, 2025
Eligible candidates
Eligible Industries
- Health care and social assistance
Location
- Canada
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Promoting the pilot project
- Enrolling eligible personal support workers
- Providing incentives and depositing contributions into tax-assisted savings vehicles
- Managing tax-assisted savings vehicles
- Tracking and reporting performance data
Documents Needed
- Application form
- Attestation
- CRA proof of organization type and status
- Additional response document
- Proof of business number
Eligibility
Who is eligible?
- Not-for-profit organizations
- For-profit organizations
- Unions
- Boards of trade
- Industry associations
- Cooperatives
- Indigenous organizations
- 2SLGBTQIA+ organizations
Who is not eligible
- Individuals
- Sole proprietorships
- Partnerships of individuals
- Provincial, territorial, or municipal governments and agencies
- Entities controlled by governments or receiving most of their funding from government sources
Eligible expenses
- Incentives provided to participating personal support workers
- Project staff salaries, wages, and related employment costs
- Professional fees, including consulting, audit, technical, HR, translation, and legal services
- Advertising and communications costs
- Other reasonable administrative costs for running the pilot project
Eligible geographic areas
- Canada
Processing and Agreement
- Applications are screened for eligibility and completeness
- ESDC reviews the concept and main criteria in two steps
- Applicants are notified of the decision by email
- No activities or expenses may begin before the funding agreement is signed
- Decisions are final and there is no appeal process
Contacts
Frequently Asked Questions about the Personal Support Worker Retirement Savings Innovation Program-Solicited Call Program
Here are answers to the most common questions about the Personal Support Worker Retirement Savings Innovation Program-Solicited Call. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Personal Support Worker Retirement Savings Innovation Program-Solicited Call?
This program provides between $1 million and $30 million to support a 24-month pilot project. It funds innovative retirement savings incentives for personal support workers without workplace retirement security coverage.
How much funding can be received?
Personal Support Worker Retirement Savings Innovation Program-Solicited Call Funds up to $30,000,000 of admissible expenses.
What is the deadline to apply?
The application deadline for this grant program was January 24, 2025.
Who is eligible for the Personal Support Worker Retirement Savings Innovation Program-Solicited Call program?
To be eligible for the Personal Support Worker Retirement Savings Innovation Program-Solicited Call program, you must:
Invited organization only
Canadian organization
Supports eligible PSWs
What expenses are eligible under Personal Support Worker Retirement Savings Innovation Program-Solicited Call?
Promoting the pilot project
Enrolling eligible personal support workers
Providing incentives and depositing contributions into tax-assisted savings vehicles
Managing tax-assisted savings vehicles
Tracking and reporting performance data
Who can I contact for more information about the Personal Support Worker Retirement Savings Innovation Program-Solicited Call?
You can contact Employment and Social Development Canada (ESDC) by email at edsc.pssp-psw.esdc@hrsdc-rhdcc.gc.ca.
Where is the Personal Support Worker Retirement Savings Innovation Program-Solicited Call available?
The Personal Support Worker Retirement Savings Innovation Program-Solicited Call program is available across Canada.