Financial Incentives for Employer Sponsors
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Incentive |
Description |
For More Information |
Administered |
Apprenticeship Job Creation Tax Credit (AJCTC) |
A non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006. The maximum credit an employer can claim is $2,000 per year for each eligible apprentice. |
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Employer Signing Bonus |
The $2,000 Employment Signing Bonus encourages employers in the trades to register new apprentices in sectors where there is a high demand for skilled workers. This initiative will assist employers to hire and register apprentices who have left school and require upgrading to meet the registration standards for apprenticeship training. |
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