Apprenticeship Incentives
NAME OF INCENTIVE HOW TO APPLY DESCRIPTION
Apprenticeship Incentive http://www.hrsdc.gc.ca/eng/
workplaceskills/trades_
apprenticeship/AIG/index.shtml		 Apprentices who are out of high school.  Apply by June 30 of year 
Grant (AIG)   following completion of Level I or II in-school technical (in-school
    must have been completed by Dec 31 of the previous year.
     
     
Apprenticeship Completion http://www.hrsdc.gc.ca/eng/
workplaceskills/trades_
apprenticeship/ACG/index.shtml		 Apprentices who are out of high school.  Completed  
Grant (ACG) (able to link from 1st site) apprenticeship program in designated red seal trade and able to
    provide proof of receiving journeyperson's certification on or after
    01-Jan-09
Tradespersons  http://www.cra-arc.gc.ca/
whtsnw/tls-eng.html		 Expenses over $1000 per year for eligible tools can be claimed
Tools Deductions (able to link from 1st site) applies to all tools bought after May 1, 2006 and made by 
    employed tradesperson
Apprentice Mechanic http://www.cra-arc.gc.ca/tx/
ndvdls/tpcs/ncm-tx/rtrn/
cmpltng/ddctns/lns206-
236/229/mchnc/menu-eng.html		 Complete Tools Deductions first (see above) then complete
Tools Deduction   Apprentice Mechanic Tools Deduction.  For purchases after 
    01-May-06
     
Loans for Tools http://www.edu.gov.on.ca/eng/
training/apprenticeship/
loantool.html		 Interest free loan for one year but can be paid back over 
  **Package is sent automatically several years.  Contact MTCU - Owen Sound @ 1-800-838-9468
  to every new apprentice Available to newly registered apprentices
  registered by the MTCU   
  Apprenticeship Training Division.  

 

NAME OF INCENTIVE

 

AMOUNT

 

HOW TO APPLY

 

DESCRIPTION
Apprenticeship Job Creation Tax credit (non- http://www.cra-arc.gc.ca/whtsnw/
pprntcshp-eng.html		 Apprentices are eligible in the first two years of their 
Tax Credit (Federal) refundable) up to 10%   apprenticeship contract.  Unused credit can be carried back 3yrs 
  of eligible wages and    or forward up to 20 years.  Effective as of May 1, 2006 or later.
  expenses up to $2000    
  per taxation year per    
  eligible apprentice    
Apprenticeship Training Tax

 

The ATTC is based on
 

 http://www.rev.gov. on.ca/en/credit/attc Available to Ontario businesses that hire and train apprentices
Credit (provincial) salary & wages paid   in certain skilled trades
  to apprentice.    
  Maximum credit per yr    
  per apprentice is    
  $10,000 with max.    
  first 48 month of     
  $40,000