Monday, February 10, 2014

Grants for Career Training Programs

The Red Seal Program is recognized as the interprovincial standard of excellence in the skilled trades. The Red Seal Program encourages harmonization of provincial and territorial apprenticeship training and certification programs by developing and maintaining interprovincial standards of qualification for about 55 recognized trades, in partnership with apprenticeship and certification stakeholders.

Apprenticeship is an industry-based learning system that combines on-the-job experience with technical training to produce a certified journeyperson. Often called "earning while learning."

Upon completion of the specified training period, apprentices receive a Certificate of Qualification. Apprenticeship programs are generally administered by provincial and territorial departments responsible for education, labour and training (under the direction of the provincial or territorial Director of Apprenticeship) with authority delegated from the legislation in each province and territory.

Apprenticeship Incentive Grant (AIG)

The AIG is a taxable cash grant of $1,000 per year or level, up to a maximum amount of $2,000. You must submit your application by June 30 of the year after you complete the first and/or second year or level.

How to Apply for the Apprenticeship Incentive Grant

http://www.servicecanada.gc.ca/eng/goc/apprenticeship/incentivegrant/application.shtml?utm_source=Apprenticeship_programs&utm_medium=Link&utm_campaign=EAP

Apprenticeship Completion Grant (ACG)

The ACG is a $2,000 taxable cash grant designed to encourage apprentices registered in a designated Red Seal trade to complete their apprenticeship program and receive their journeyperson certification.

How to Apply for the Apprenticeship Completion Grant

http://www.servicecanada.gc.ca/eng/goc/apprenticeship/completiongrant/application.shtml?utm_source=Apprenticeship_programs&utm_medium=Link&utm_campaign=EAP

Did you know that examination fees paid to write certification exams may qualify for a tuition tax credit? Simply fill out Schedule 11 of your tax return.

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