Apprentice Incentives
Apprenticeship Completion Grant
The Apprenticeship Completion Grant (ACG) is a taxable cash grant of $2,000 maximum available to registered apprentices who have successfully completed their apprenticeship training and obtained their journeyperson certification in a designated Red Seal trade on or after January 1,2009.
Apprenticeship Incentive Grant
The Apprenticeship Incentive Grant (AIG) is a taxable cash grant of $1,000 per year, up to a maximum of $2,000 per person, available to registered apprentices once they have successfully finished their first or second year/level (or equivalent) of an apprenticeship program in one of the Red Seal trades.
Loans for Tools
The Loans for Tools program offers newly registered apprentices a loan to help them buy the tools and equipment they need to perform the trade in which they are registered. To apply for a loan, apprentices should complete in full the loans agreement contained in the information package sent automatically to each newly registered apprentice, and then send it back to the Ministry of Advanced Education and Skills Development in the return envelope provided. The ministry will respond within 60 days of receiving the signed loans agreement.