Incentives and Tax Credits for Employers

Take advantage of employer incentives and hire an apprentice

The government knows apprenticeship is important for our economy and recognizes the investment it takes of time and money to develop a skilled and sustainable workforce. Therefore, it provides incentives to offset the costs of hiring an apprentice:

  • : Employers are eligible for up to 35%-45% refundable tax credit on eligible expenditures incurred with respect to qualifying apprentices. An employer is eligible for a tax credit of up to $10,000 per year per eligible apprentice to a maximum of $40,000 over the first 48 months.
  • : AJCTC is a non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1st, 2006. The maximum credit an employer can claim is $2,000 per year for each eligible apprentice.
  • : CETC is a refundable tax credit available to employers who hire students for a placement of at least 10 consecutive weeks who are enrolled in a co-operative education program at a post-secondary institution. Corporations can claim 25 percent of eligible expenditures (30 per cent for small businesses). The maximum credit for each work placement is $3,000.
  • : Employers can receive a $2,000 Employment Signing Bonus to register new apprentices and provide on-the-job training for at least six months from the date that the apprentice was registered.
  • : Employers can earn a $1110 taxable cash grant for each apprentice they hire, train and completes his or her apprenticeship, receives a Certificate of Apprenticeship and where, applicable, a Certificate of Qualification.