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 Incentive Grant for Women (AIG-W)
The Apprenticeship Incentive Grant for Women (AIG-W) was announced in Budget 2018 as a five-year pilot project to support women to enter, progress and complete their training in Red Seal trades where they are underrepresented. The AIG-W pilot will end March 31, 2023.
To be eligible for the AIG-W grant, apprentices must successfully complete the first year (level/block) or second year (level/block) of an approved apprenticeship program between April 1, 2018 and March 31, 2023.
The AIG-W application deadline for apprentices who progress on or after March 31, 2022 is March 31, 2023. Applications will not be accepted after this date. Apprentices should be advised to apply even if they have not yet received supporting documents from their apprenticeship authority. The deadline for submitting supporting documents is 12 months from the application deadline.
Apprentices whose first year (level/block) or second year (level/block) progression date occurs after the AIG-W pilot ends on March 31, 2023 may be eligible for the Apprenticeship Incentive Grant.
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.
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