Incentive / Tax Credits

Federal Apprenticeship Job Creation Tax Credit
The AJCTC is a non-refundable tax credit equal to 10% of the eligible salaries and wages to eligible apprentices in respect to employment after May 1, 2006. The maximum credit is $2,000 per year for each eligible apprentice.

Apprenticeship Scholarship/Employer Signing Bonus
A $1,000 scholarship is available for a young person (16-24) who returns to and completes upgrading to qualify and registers as an apprentice. A $2,000 scholarship is available per apprentice as a signing bonus for the employer who supports the scholarship candidate’s apprenticeship registration and continues to provide apprenticeship training for a minimum of 6 months.

Co-operative Education Tax Credit (CETC)
The Co-operative Education Tax Credit is a refundable tax credit available to employers operating unincorporated businesses who hire students enrolled in a recognized Ontario university or college co-operative education program.

Certain qualifying leading-edge technology apprenticeship work placements previously included with this credit, will now be claimed under the new Apprenticeship Training Tax Credit instead.

Canada Revenue Agency (CRA) administers the program on behalf of Ontario through the federal income tax system.

Government Programs
Numerous provincial government programs may be of interest and are listed on the Ontario Economic Development website (www.2ontario.com/software/government_programs.asp)

The federal government has programs and services that help Canadians www.servicecanada.gc.ca For a full list of Federal Government Employment Resources for employers hiring young workers visit youth.gc.ca