Incentives & Subsidies for the Apprentice
| Incentive | Details |
|---|---|
| Apprenticeship Incentive Grant – $2,000 | Taxable cash grant received after completing Level 1 and 2 schooling |
| Apprenticeship Completion Grant – $2,000 | Taxable cash grant received after completing an apprenticeship |
| Apprenticeship Scholarship – $1,000 (2 payments of $500 each) | Participant requires educational upgrading to qualify as an apprenticeship, they complete this within one year, are hired by an employer and registered as an apprentice all within that year. |
| Employment Ontario Employment Services – Free employment service for job seekers and employers in the community | Services may include job search assistance connecting apprentices with employers. |
| OYAP – Ontario Youth Apprenticeship Program – Free Registration | Can be signed as an apprentice while still in high school (as early as Grade 11) MTCU pays the $40 registration fee. |
| Tools: Loan for tools – up to $800 | Interest-free loan for tools. Interest starts accumulating once the apprentice passes the journeyperson exam or leaves the trade early. |
| Tools: Trades Person Tool Deduction – Up to $500 yearly | Apprentices and Journeypersons can write off one half of their yearly tool purchases which total up to $1,000 (write off up to $500) |