The Canada-Alberta Job Grant provides financial assistance to employers wishing to cover education and training costs for their employees’ job-related upskilling. Presently, the Grant allows business owners of microbusinesses with four employees or less access to funding for their learning. Raising this threshold to owners of small businesses with 100 employees or less would help more small business owners gain the necessary skills for increasing the economic activity their business generates. Many small business owners with more than four employees would benefit highly from accessing the Grant but need access to this funding as their business is considered too large to be eligible.
The Canada-Alberta Job Grant allows employers to apply for Grant funding for present or future employees’ training costs. The amount that is covered depends on whether the training is offered to existing employees or for hiring and training a presently unemployed Albertan.
Employers contribute one-third of the total costs for existing employees, and the Government donates the remaining two-thirds, up to $10,000 per year for each trainee. When hiring and training an unemployed Albertan, the Government contributes up to 100% of the costs for each trainee up to $15,000.
Business owners may also access the Grant to receive training for themselves. However, only owners of microbusinesses with four or fewer employees may do so.
2023
If you have any questions, contact Dana Severson at dseverson@abchamber.ca or (780) 425-4180 ext. 2.