Apprenticeship Employer Incentive Grant (AEIG)
New Brunswick employers who employ apprentices registered under the Apprenticeship and Occupational Certification Act may be eligible for the AEIG. This is a taxable cash grant available to the employer once an apprentice successfully completes a block of training. Employers who meet the eligibility criteria may be entitled to receive a $1,000 taxable cash grant. However, employers of (a) females in nontraditional occupations and/or (b) aboriginal apprentices may be eligible for an increased grant of $1,500 per block. For more information on the AEIG, please contact an apprenticeship office in your region.
Apprenticeship Job Creation Tax Credit (AJCTC)
The AJCTC is a non-refundable tax credit equal to 10 per cent of eligible salaries and wages payable to eligible apprentices after May 1, 2006. The maximum credit is $2,000 per year for each eligible apprentice.