Funding Opportunities for Trades Workers
29 Summary of Funding Opportunities
Anne Lee
Funding Name | Type | Where to Apply |
Employment Insurance (EI) – Apprentices | Taxable Income | Service Canada |
Federal Tuition and Education Tax Credit | Federal Non-Refundable Tax Credit | T1 – Individual Tax Return filed (Schedule 11) |
Provincial Tuition and Education Tax Credit | Provincial Non-Refundable Tax Credit | T1 – Individual Tax Return filed (Schedule 11 – Provincial) |
Apprentice Incentive Grant (AIG) – Level 1 & 2 | Taxable Income | Service Canada |
Apprentice Completion Grant (ACG) – Completion | Taxable Income | Service Canada |
Canada Training Credit | Refundable Federal Tax Credit | T1 – Individual Tax Return filed |
Canada Apprenticeship Loan | Payment-free loan up to 6 years | Government of Canada – Employment and Social Development Canada |
Canada Tradesperson’s Tool Deduction | Federal Tax Deduction | T1 – Individual Tax Return filed
Supporting Documents: Form T2200, Declaration of Conditions of Employment from Employer and receipts |
Tuition Tax Credit – Licensing Examination Fees | Tax Credit | T1 – Individual Tax Return filed (Schedule 11) |
Sample of Provincial Apprentice Funding | ||
BC Training Tax Credit for Apprentices | Refundable Provincial Tax Credit | T1 – Individual Tax Return filed (Form T1014 of BC Tax Return) |
Alberta Apprentice Training Award | Tax-exempt award | Alberta Apprenticeship and Industry Training |
Ontario Tools Grant | Non-repayable grant | Employment Ontario Apprenticeship office |
Ontario Apprentice Development Benefit | Non-taxable grant | Employment Ontario Apprenticeship office |
Apprenticeship Service | Employer support | Employer benefit |
Union Training and Innovation Programs | Various | Union directly |