Both the Federal and the Provincial (Ontario) Government provide a range of grants and tax benefits that are available to apprentices throughout their apprenticeship journey. Accordingly, both governments provide a range of grants, funding and tax benefits that are accessible to apprentices throughout their apprenticeship. Eligibility may be different based on trade, progress, and personal characteristics of an apprentice.
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The Tradesperson’s Tools deduction Tax Credit is a tax deduction on the cost of eligible tools bought during the year employment income was earned as a tradesperson.
For eligibility requirements and further information, click here.
The Apprenticeship Incentive Grant (AIG) is a taxable cash grant of $1,000 per year/level (or equivalent) up to $2,000 per person in a designated Red Seal trade.
For eligibility requirements and further information, click here.
The Apprenticeship Completion Grant is a one-time taxable cash grant of $2000 per person for registered apprentices who complete their apprenticeship training and obtain their journeyperson certification in a designated Red Seal trade.
For eligibility requirements and further information, click here.
The Canada Apprentice Loan is an initiative to provide up to $4000 in interest-free loans per period of technical training in a designated Red Seal Trade. This loan is available to help pay for tuition, tools, equipment and living expenses, to cover forgone wages or to help support your family.
For eligibility requirements and further information, click here.
The Tuition Tax Credit is eligible for those who have paid examination fees to an educational institution, professional association, provincial ministry, or any other similar situation, also, required to obtain a professional status recognized by federal or provincial statute, to be licensed or to be certified as a tradesperson.
For eligibility requirements and further information, click here.
The Tools Grant is a non-repayable, taxable cash grant for apprentices to use towards the purchase of trade-related tools and equipment. Grant amounts range from $400 to $1,000, depending on the industry.
For eligibility requirements and further information, click here.
NOTE: Please be advised that the information provided is accurate as of August 16, 2023, and is subject to change without notice. To ensure the most up-to-date information, you will need to reach out directly to the Ministry here.
The Apprenticeship Development Benefit provides temporary financial assistance to both EI and non-EI eligible apprentices while attending full-time classes at an approved Training Delivery Agent. ADB may include financial assistance for basic living expenses and personal supports.
For eligibility requirements and further information, click here.
The Apprenticeship Completion Bonus in non-Read Seal trade is a one-time taxable cash grant of $2000 to apprentices who complete the highest level of certification in any Ontario non-Red Seal trade.
For eligibility requirements and further information, click here.
This program is offered through Ontario’s 24 Colleges of Applied Arts and Technology to help people with disabilities participate in apprenticeship programs, pre-apprenticeship programs, and Ontario Youth Apprenticeship Programs.
For eligibility requirements and further information, click here
The Grant for Apprentice Learning is a government of Ontario apprenticeship initiative for non-Employment Insurance (EI) eligible apprentices. The Grant for Apprentice Learning will offer from a maximum of up to $3,600 for apprentices per level of full-time in-class training successfully completed after April 1, 2020.
For eligibility requirements and further information, click here.
This Employment Ontario Program is funded in part by the Government of Canada and the Government of Ontario.
