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Financial Incentives

 CANADIAN GOVERNMENT

Apprenticeship Incentive Grant (AIG), Canada Revenue Agency

  • $1000 per year taxable cash grant for apprentices registered in Red Seal trades after successfully completing 1st or 2nd level of program. Maximum two grants per apprentice.
  • Service Canada http://www.servicecanada.shtml

Apprenticeship Job Creation Tax Credit (AJCTC) Canada Revenue Agency

 Revenue Canada http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns409-485/412/jctc-eng.html

Apprenticeship Completion Grant (ACG)

  • $2000. Apprenticeship Completion Grant for apprentices who successfully complete their apprenticeship training and certification in a designated Red Seal trade.
  • Service Canada

Trades person’s Tools Deduction, Canada Revenue Agency

ONTARIO GOVERNMENT

Apprenticeship Training Tax Credit (ATTC)

Employment Ontario Loans for Tools - Ministry of Training, Colleges and Universities, Apprenticeship Branch

  • Interest-free loan for first year registered apprentices can be used for any expenses – not just tools. Amount depends on employment sector:
    Motive Power - $800.
    Manufacturing - $400.
    Construction - $400.
    Service - $300.

Ministry of Training, Colleges and Universities Apprenticeship Branch
Hamilton Apprenticeship Office - Ontario Government Building
119 King Street West, 8th Floor
Hamilton, On L8P 4Y7
Telephone:  (905) 521-7764         Fax:  (905) 521-7701
/UploadedFiles/file/Loan%20Agreement%20for%20Apprentices.PDF

Employment Ontario

  • Up to $4000. Training Subsidy for employers
  • $2000. Employer Signing Bonuses per apprentice are available to employers who provide apprenticeship training to individuals receiving apprenticeship scholarships. $1000 apprenticeship Scholarships are available to high school leavers who return to school to qualify to enter apprenticeships.
  • Summer Job Service $2 per hour hiring incentive for employers who provide summer job placements for youth
  • Job Start or any Job Connect Agency http://www.edu.gov.on.ca/eng/document/brochure/jobconnect.html


(Check to see which incentives apply to your specific trade.)