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What is a Practice Firm?
Practice firm is a "Virtual Company" where job seekers have
opportunities to apply their professional skills and perform
realistic business transactions in a professional, risk-free
work environment.
Career Specialists assist with job coaching and supervise business activities.
The transactions are virtually conducted worldwide between 4300
practice firms– there is no actual exchange of goods, services
or funds. (Back
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What is Real Co. Canada?
Real Co. Canada is a client-centered practice firm managed by the
Toronto District School Board. It provides job search and job
retention coaching in a realistic work setting, where
participants can practice their professional skills. The firm is
modeled after a mid-sized Toronto real estate business.
Participants are able to gain real experience and practice their
skills in the following departments: Accounting/Finance,
Sales/Marketing, HR, Administration/Purchasing and IT. (Back
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What do you mean by "Virtual Company"?
The virtual company concept is an innovative business program,
focused on activity-based learning. This concept provides
participants with real business experience and supports them to
develop personal qualities and attitudes such as leadership,
decision-making, problem solving and communication skills in a
group environment, working towards a positive outcome.
A virtual company is a simulated enterprise that is set up and
run by its participants with support from employment counsellors
and a real sponsor company. Virtual Companies conduct business
with other virtual companies in a simulated market economy on a
local, national or international basis. The Practice Firm
facilitates hands-on experience to all participants in every
aspect of business operations. It also strengthens marketing and
sales experience through development and implementation of
business plans and follow on the subsequent processes once it is
implemented. (Back
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What is a Sponsor Company?
Every Practice Firm has at least a Sponsor.
The Sponsor Company acts as a model company lending its expert
advice to the Practice Firm on successful business practices. Sponsors
may be mentors for advice on marketing plans and sales objectives.
Sponsors provide actual materials when needed for Practice Firm business
purposes. (Back
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Who is eligible to work for Real Co. Canada?
Participants must be:
In possession of a current Return to Work Action Plan – A
resident of Canada for less than five years – In possession of
a valid Social Insurance Number – Able to speak English at an
intermediate-to-advanced level – 18 years of age or older –
Motivated to commit to a 8-12 week program. (Back
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What is a Return to Work Action Plan?
Your first step to have a Return to Work Action Plan is to visit
a local Employment Assessment Centre, which will help you to determine your career goals. Once
you have identified your individual goals and employment needs,
an employment advisor will develop a realistic Return to Work
Action Plan for you. This plan will outline a referral to the
relevant intervention necessary for your integration into the
labour market. (Back
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How to apply?
You must meet the eligibility requirements, complete an
application form and attend an information session. Dates of information sessions are posted on our website. Based on available vacancies you will be interviewed and
selected accordingly. (Back
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How is our Application Process?
Application process is based on standard hiring practices in the
Canadian workplace – Practice Firm positions are filled
according to business needs and job vacancies – All applicants
must meet the program eligibility requirements to participate. (Back
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What positions are available?
The Real Co. Canada Practice Firm can provide work experience to
participants with expertise in the following areas:
Management – Accounting – Administration – Human Resources
– Sales and Marketing - IT (Back
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