Business Development


Business Development

Small barbershop business streetfrontWhether you are relocating an existing business to this region, or thinking about starting a brand new one, there are a wide variety of organizations providing related services and information in Durham. 

Some of these organizations focus on specific municipalities or groups within the Region while others offer more broad-based services to assist entrepreneurs.

The Canada Business Network will provide an answer to your business questions.  They strive to answer questions within one business day.

Visit www.canadabusiness.ca or call 
1-888-576-4444.

HireImmigrants.ca

Whether you have recently arrived in Canada or been here for many years, knowing how to move your idea into a successful business important for continued growth and long-term success. At the HireImmigrants.ca website, you will find information about all aspects of supporting investment in immigrant talent and business worldwide. Find information about entrepreneurship and about starting, managing and growing a business. Learn about the importance and benefits of hiring newcomers to take advantage of diverse and unique skills.

Human Resources

Business people greeting each other with handshakesEmployees are one of the most important assets of any business, from training to wage information to employment opportunities. You will find useful information below to help you make the right decision.

To support and encourage investment, the Ministry of Advanced Education and Skills Development offers training programs, employment programs and resources to help with human resources planning, recruiting, employee assessment and workplace safety. 

The Apprenticeship Job Creation Tax Credit (AJCTC) is a non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006. the maximum credit an employer can claim is $2000 per year for each eligible apprentice. If your business hires an eligible apprentice, you qualify to claim the credit. See the Canada Revenue Agency website for more information.

The Apprenticeship Training Tax Credit (ATTC) is a refundable tax credit for corporations and unincorporated businesses employing apprentices in certain skilled trades during the first 36 months of an apprenticeship program.

Labour Costs

Fairness in the workplace is the right of all Ontarians. 

Employment standards are enforced under the Employment Standards Act, 2000 (ESA), which sets out the minimum standards that employers and employees must follow.

The Ontario Ministry of Labour, through its Employment Standards Program:

  • Enforces the ESA and its regulations
  • Provides information and education to employers and employees, making it easier for people to understand and comply voluntarily
  • Investigates possible violations
  • Resolves complaints
Most individuals who are employed in Ontario are protected by the ESA. To find out more, see their General Information Fact Sheet.

Learn more about doing business in Ontario at Invest in Ontario.

Learn more about doing business in Durham at Durham Region Economic Development.

Finance and Funding for Business

Business Development Bank LogoAccess an array of financial support and tap into funding programs that are available to you through the Business Development Bank of Canada (BDC). The BDC is a Crown Corporation whose mission is to help create and develop Canadian small and medium-sized businesses.

The BDC offers business loans and consulting services to help Canadian businesses grow, both at home and abroad. Through their subsidiary, BDC Capital, they also offer a full spectrum of specialized financing, including venture capital and equity, as well as growth and business transition capital.


 

Links

Local Economic Development Offices

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