This program offers your business a chance to reduce the corporate income tax you would normally pay. By using the Small Business Deduction (SBD), your business can save money on taxes, which can be reinvested into your operations.

Here’s how it works:

• Tax Savings: The SBD lowers the amount of corporate income tax your business owes. This is calculated based on your business income, taxable income, and business limit for the year.
• Business Limit: Your business can benefit from a tax reduction on up to $500,000 of income each year. This limit is adjusted if your business has associated corporations or if your combined taxable capital is between $10 million and $15 million.
• Passive Income Considerations: If your business has passive investment income between $50,000 and $150,000, the business limit is reduced. This ensures that the tax benefits are focused on active business income.

Why this matters to you:

• More Money for Growth: By paying less in taxes, you can reinvest those savings into expanding your business, hiring more staff, or improving your services.
• Support for Active Businesses: The program is designed to support businesses actively contributing to the economy, ensuring that your hard work is rewarded with tangible tax benefits.

This program is a valuable opportunity to reduce your tax burden and keep more of your earnings, allowing you to focus on growing your business.

This program offers your business a chance to get funding for employee training. You can receive up to $10,000 per employee each year for training costs. If you hire and train an unemployed Albertan, you can get up to $15,000 per trainee.

The government covers two-thirds of the training costs for your current employees. You only need to pay one-third. For unemployed trainees, the government can cover the full cost. This funding can be used for various training expenses, such as:

• Tuition fees
• Mandatory student fees
• Examination fees
• Textbooks or software
• Other required materials directly relevant to the training

Your business can receive up to $300,000 per year in grant funding. This means you can train multiple employees without worrying about exceeding the cap. However, employee wages and income support are not covered by this grant.

This program is a great opportunity to invest in your team’s skills and improve your business operations. It helps you cover the costs of essential training, making it easier to keep your workforce competitive and well-trained.

This program offers your business a chance to access $750 million over five years. This funding is part of a larger investment by the Government of Canada, which has already put nearly $2 billion into the initiative.

What can you use the money for?

• Innovation and commercialization: Grow your business by developing new products or services.
• Skills and talent development: Train your team to stay ahead in your industry.
• Expanding presence: Increase your reach both nationally and globally.
• Collaboration: Work with other businesses, academic institutions, and non-profits to solve common challenges.

Why is this beneficial for your business?

• Boost your competitive edge: By joining forces with others, you can generate bold new ideas and bring them to market.
• Access to resources: The program supports the creation and protection of intellectual property, helping you secure your innovations.
• Economic impact: The funding aims to create and sustain thousands of jobs, contributing to a stronger economy.

This is a unique opportunity to grow your business, innovate, and make a significant impact in your industry.

The Alberta Export Expansion Program (AEEP) offers funding to help your business grow internationally. This program can provide financial support for travel-related costs when you attend trade events abroad.

You can receive up to $25,000 per year to cover expenses like airfare, accommodation, and registration fees for international trade shows and missions. This funding helps you explore new markets and attract global buyers.

The money does not need to be paid back, making it a valuable opportunity to expand your business without financial strain. This program aims to support your business in reaching new heights on the global stage.

This program offers your business a great opportunity to hire talented interns and receive financial support. You can get up to $7,000 in wage subsidies for each eligible intern. This money helps cover their wages, making it easier for you to bring new talent into your team.

What can the money be used for?

• Paying the intern's wages (minimum $15/hour)
• Supporting either part-time or full-time internships
• Allowing for remote work options with proper supervision

Conditions of the money:

• The subsidy covers 50-70% of the intern's wages.
• The first half of the subsidy is paid within 45 days of the intern starting.
• The second half is paid within 45 days of the internship ending.

Why is this beneficial for your business?

• Cost savings: Reduce your payroll expenses with government support.
• Access to trained talent: Interns come with entrepreneurial training, ready to contribute from day one.
• Flexible hiring: Choose part-time or full-time interns based on your needs, with easy and fast approval processes.

This program is designed to make it easier for you to hire and integrate new talent, helping your business grow while minimizing costs.