Apprenticeship Incentives

Canadian Apprenticeship Service (CAS) (Program ends March 31, 2024)

Small and medium-sized enterprises with less than less than 500 employees may be eligible for financial incentives, funded in part by the Government of Canada’s Apprenticeship Services Program, of up to $20,000 annually for hiring first-year apprentices. $5,000 will be provided to eligible employers when they hire new first-year apprentices in one or more of the 39 construction and/or manufacturing Red Seal trades. An additional $5,000 will be issued if the apprentice voluntarily self-identifies with an Equity-Deserving Group.

Read more here.
 

Canada Apprentice Loan

The Canada Apprentice Loan is effective January 2, 2015. For more information, please contact your apprenticeship counsellor.
 

Apprenticeship Tuition Rebate

Effective January 2014, registered apprentices who have successfully completed a level of technical training and passed the block exam may be eligible for a tuition rebate equal to the amount the apprentice paid for tuition (i.e. the number of weeks of training x $85.00 per week). For more information on this provincial rebate, contact your Apprenticeship Counselor or the apprenticeship office in your region.
 

Apprenticeship Incentive Grant (AIG)

The AIG is a taxable cash grant of $1,000 per year for registered apprentices once they have successfully completed their first and/or second year/level (or equivalent) of an apprenticeship program in one of the Red Seal occupations. The AIG is meant to help apprentices cover some of the expenses related to tuition, travel and tools.

Apprenticeship Grants – Canada.ca

Apprenticeship Completion Grant (ACG)

The ACG is a $2,000 taxable cash grant for apprentices who complete their apprenticeship training and obtain Red Seal endorsement or a provincial or territorial Certificate of Qualification in a Red Seal occupation.

Apprenticeship Grants – Canada.ca

Tradesperson's Tool Deduction

This incentive provides employed tradespersons with an annual deduction of up to $500 to help cover the cost of new tools necessary to their occupation. The deduction applies to the total cost of eligible tools if the following conditions are met:

• the total cost exceeds $1,000;
• the tools were bought after May 1, 2006; and
• the purchase was made by an employed tradesperson.

Note: Apprentice Mechanic Tools Expenses

Even though an apprentice may have already claimed the tradesperson’s deduction for tools, he/she may also be able to deduct a part of the cost of eligible tools purchased to earn employment income as an eligible apprentice mechanic.

If you would like more information about the Apprenticeship Incentive Grant, the Apprenticeship Completion Grant, the Tradesperson’s Tool Deduction, visit https://www.canada.ca/en/employment-social-development.html