New tax incentive for hiring immigrants announced
Ontario Liberals promise $10,000 to companies that hire immigrants
The Ontario Liberals have proposed a new tax credit for businesses who hire new Canadians.
The program would provide a $10,000 tax break for employers who hire new Canadians – new Canadian citizens who have lived in Ontario for less than five years.
“The program is for immigrants that are having some trouble finding a job in their specialized field,” said Ontario Liberal candidate Mark MacDonald. “They need the work experience. Some of them are working low paying jobs that are not in their field.”
Encouraging companies to hire immigrants draws criticism
And what about the criticism the program is garnering for seemingly putting new Canadians ahead of natural-born Canadians?
“There are already some programs in existence for Canadian citizens, so this is an extension of that,” said MacDonald. “It’s a newer program to reach out to address some of those areas where there’s a shortage. For me, anything that expedites the process, especially when it comes to doctors and other highly skilled people who have to take a lower paying job… it’s a good thing.”
The program would cost $12 million over four years and be expected to help between 1,000 and 1,200 people annually.
About Michael Niren
Michael is a graduate of Osgoode Hall Law School in Toronto. He is a member of the Law Society of Upper Canada, the Canadian Bar Association’s Citizenship and Immigration Section and the Associate Member of the American Bar Association. Read more
The content and comments of this blog are not legal advise and and may not be accurate or complete. If you require legal advice, contact a licensed legal practitioner directly. If you post on this blog, you assume full responsibility for disclosing your identity to the public and VisaPlace nor its affiliates are not responsible for protecting your privacy nor your identity concerning your participation in our blog and you assume any risks in participating.