Apprentices
The Canada Apprentice Loan
The Canada Apprentice Loan provides up to $4,000 per period of technical training to apprentices in Red Seal trades to help them complete their training.
Application deadline: Apprentices can apply up to 2 days before they complete their technical training. Visit the Canada Apprentice Loan Online Service for more details and to apply online.
Note: The Canada Apprentice Loan is not offered in Quebec. Please contact Quebec for alternative support measures available to you.
Apprenticeship Incentive Grant
The Apprenticeship Incentive Grant is a taxable cash grant of $1,000 per year or level, up to a maximum amount of $2,000 per person.
The grant is for registered apprentices who successfully complete the first or second year/level (or equivalent) of an apprenticeship program for a designated Red Seal trade.
Application deadline: June 30 of the calendar year after you complete the first or second level of your apprenticeship program.
Find out if you are eligible and how to apply for the Apprenticeship Incentive Grant.
Apprenticeship Completion Grant
The Apprenticeship Completion Grant is a taxable cash grant of $2,000 per person. The grant is for registered apprentices who successfully complete their apprenticeship training and obtain journeyperson certification in a designated Red Seal trade.
Application deadline: June 30 of the calendar year after you complete your apprenticeship program.
Find out if you are eligible and how to apply for the Apprenticeship Completion Grant.
Employment Insurance
Apprentices may also be eligible for Employment Insurance during periods of in-school apprenticeship training.
Tradespersons
Tradesperson’s Tools Deduction
Annual tax deduction of up to $500 to help tradespersons cover the costs of new tools necessary for their trade. See the trades section of the Canada Revenue Agency website for details.
Employers
Apprenticeship Job Creation Tax Credit
A non-refundable tax credit for employers that is equal to 10% of the eligible salaries and wages payable to eligible apprentices. Maximum credit is $2,000 for each eligible apprentice. See the Canada Revenue Agency website for details.
To encourage the growth of trades, many financial incentives are available to apprentices, tradespeople and those who hire apprentices.
The Flexibility, Innovation – Apprenticeship – More information to come
The Flexibility, Innovation – Apprenticeship pilot project is a four-year research initiative that will encourage innovative ideas and the expansion of existing approaches to how apprentices in the Red Seal trades receive their technical training. Through this research, the government will look at new ways of learning and forms of training to help apprentices fulfill the technical training requirements of their programs.