Student Funding – Summer Jobs

January 15th, 2010

Minister Finley, Human Resources and Skills Development Canada, announced the launch of Canada Summer Jobs 2010.  This program supports work experiences for students, by providing grants to local businesses.

Employers who are interested can apply online at

Applications start February 1, 2010 and end February 26, 2010.  Not a lot of time, so you better get on the bandwagon.

Filed under: Business tax, Other tips by David Boese No Comments »

Neil Pardy from the lending agency¬†CBDC-NOBL sent me an interesting email. ¬†They have a program called Students in Business, targeted towards students age 15-35. ¬†Qualifying students can receive up to $5,000 in interest free loans. ¬†Mr. Pardy says in his email: ¬†“The program is not about making everyone an entrepreneur for life, but it is about presenting self employment as an option.¬† In addition to the loan we will endeavor to match the students with a mentor from the business community and we provide business training programs for the students.”

In my past experience, CBDC-NOBL are excellent to work with, and they tend to provide much more support than the chartered banks.  In fact, they are worth looking at if you are considering starting or buying a business.

Mr. Pardy goes on to say: ¬†“Students who participate in training, mentorship, counseling and repay their loans on schedule qualify for rebates valued up to 25% of the initial loan.”

So if you play by the rules, your loan is not only interest free, you also get a rebate of up to $1,250!  If you are interested, click on to get started.

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Are you graduating from college or university? ¬†If you live in Nova Scotia by the end of the year, you could qualify for the $2,000 graduate tax credit. ¬†This tax credit gives you a $2,000 reduction in your provincial taxes. ¬†If your income is low, and you don’t need that much to get all your taxes back, you can even carry it forward to use next year.

NOTE:  This Nova Scotia Graduate Tax Credit has been replaced for 2009 and future years with a new, more lucrative tax rebate.  Read about it here

Filed under: Consumer Tax by David Boese No Comments »