Ontario - Provincial Apprenticeship Scholarship
A $1,000 scholarship for young people who have registered in an
apprenticeship and meet eligibility criteria and linked to the Ontario
Youth Apprenticeship Program (OYAP).
Ontario - Apprenticeship Training Tax Credit
The apprenticeship training tax credit is a refundable tax credit. It is available to employers who hire and train apprentices in certain skilled trades during the first 36 months of an apprenticeship program. The tax credit is based on salaries and wages paid to an apprentice. Qualifying businesses can claim 25 per cent of eligible expenditures (30 per cent for small businesses).The maximum credit for each apprenticeship is $5,000 per year. The maximum credit over the first 36-month period of the apprenticeship is $15,000.(OYAP).
Ontario - Ontario College of Trades -- Canadian Armed Forces Fee Exemptions
Ontario College of Trades has established an exemption from certain fees for applicants and members who are reservists and veterans of the Canadian Armed Forces, including:
· annual membership fees for apprentices ($60 plus HST without exemption);
· Trade Equivalency Assessment applications ($235 plus HST for assessment and $50 plus HST for verification, without the exemption);
· application or verification fees for out-of-province applicants
To receive these fee exemptions, an eligible applicant must submit a copy of the “Fee Exemptions for Veterans and Reservists” form. The form must be completed and signed with a clear and legible copy of his or her Member’s Personnel Record Resume (MPRR) attached for verification purposes.
More information is available about how the College is supporting veterans in the skilled trades, at the College’s website: www.collegeoftrades.ca/veterans.