Get Financial Help
Get Financial Help
Need financial help to pay for your training and get started in your career? Here are programs you should know about.
Apprenticeship Completion Employer Bonus
A taxable $1000 maximum cash grant to Employers for each apprentice they hire and train that has completed his or her apprenticeship and received a Certificate of Apprenticeship and, where applicable, a Certificate of Qualification.
Apprenticeship Completion Bonus in Non-Red Seal Trades
A taxable cash grant of $2,000 available to registered apprentices after they successfully complete their apprenticeship training and obtain their Certificate of Apprenticeship and, where available, their Certificate of Qualification in any Ontario non-Red Seal trade, on or after April 1, 2009.
You may qualify for a $1,000 scholarship to help pay for your training.
Co-Op Diploma Apprenticeship Programs
Allows students to get apprenticeship training while earning a college diploma.
Loans for tools
The Loans for Tools program can help you buy the equipment you need to get started to work in your new trade.
Ontario Youth Apprenticeship Program (OYAP)
Allows students to begin their apprenticeship training while they are still in high school.
Pre-Apprenticeship Training Program
Helps students develop the job skills they will need before beginning an apprenticeship.
Support to Non-Employment Insurance Eligible Apprentices During In-School Training
This initiative will provide up to $1,500 of taxable financial supports for apprentices who are not eligible for federal Employment Insurance (EI) who attend full time in-school training at a Delivery Agency approved by the Ministry of Training Colleges and Universities.
The federal government's Apprenticeship Incentive Grant (AIG) is a taxable cash grant of $1,000 per year for registered apprentices once they have successfully completed their first or second year/level (or equivalent) of an apprenticeship program in one of the Red Seal trades. The AIG is meant to encourage apprentices to complete their apprenticeship program and achieve their Red Seal by helping them cover some of their expenses for tuition, travel and tools.
To help AIG applicants receive this grant, the Ministry of Training, Colleges and Universities will send a letter to apprentices registered in Red Seal trades confirming completion of their in-school training once they have successfully completed or obtained exemption for Level 1 and/or Level 2 of their in-school training. The letter will also include information about how to apply for the AIG.
Agreements among the provinces and territories allow skilled workers in trades to work anywhere in Canada. Training consultants at Employment Ontario offices can provide more information.