Ministry of Northern Development and Mines
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Nearly 300 more young northerners are gaining valuable on-the-job training and experience with the support of the Ontario government.
The province is investing an additional $6.6 million through the Northern Ontario Heritage Fund Corporation (NOHFC) to support co-op placements and internships.
Under the program, eligible Northern Ontario employers receive:
• a wage subsidy of up to 50 per cent, to a maximum of $6.00 per hour to hire post secondary students from Northern Ontario for co-op placements
• up to 50 per cent of a recent Northern Ontario graduate’s salary to a maximum of $27,500 annually for private sector internships
• up to 90 per cent of a recent Northern Ontario graduate’s salary to a maximum of $27,500 annually for public sector internships
The NOHFC’s Youth Internship and Coop Program helps public and private sector employers give students access to work placements and internships that will serve as a springboard to rewarding and successful careers in the North.
QUOTES
“The McGuinty government is helping the region’s young workforce remain in Northern Ontario to ensure the future prosperity of our northern communities,” said Northern Development and Mines Minister Michael Gravelle, who also chairs the NOHFC.
QUICK FACTS
Today’s announcement brings the province’s current investment under its Youth Internship and Co-op Program to more than $17 million for 881 placements since 2005.
A recent NOHFC survey on internship job placements indicates that nearly 73 per cent of interns have successfully obtained full-time employment following their work placements while many others pursued higher education or found part-time work.
LEARN MORE
http://www.ontario.ca/northernprosperity
http://www.nohfc.com
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