Incentive / Tax Credits
Ontario Apprenticeship Training Tax Credit (OATTC)
The OATTC encourages employers to hire and train apprentices in certain skilled trades. 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.
Federal Apprenticeship Job Creation Tax Credit
The AJCTC is a non-refundable tax credit equal to 10% of the eligible salaries and wages to eligible apprentices. The maximum credit is $2,000 per year for each eligible apprentice.
Apprenticeship Employer Signing Bonus
Employment Ontario Employment Services Employers (EOES)
A $2000 Apprenticeship Employer Signing Bonus (AESB) is available to ES employers who hire, register and train an apprentice (EOES participant) as part of their participation in ES Job matching, Placement and Incentives.
- An initial $1,000 payment when an individual's apprenticeship training agreement or apprenticeship contract is signed/registered with the ministry; and,
- A final $1,000 payment six months from the apprenticeship singing/registration date if the apprentice is still working and training with the same employer.
Co-operative Education Tax Credit
The CETC is a refundable tax credit for employers equal to 25 per cent (30 per cent for businesses with payrolls under $400,000) of the salaries and wages paid to eligible post-secondary students in a qualifying co-op work placement of at least 10 consecutive weeks. A maximum tax credit of $3,000 is available per student per four month qualifying work placement. For additional details please visit the website:
Electricity First Work
Under Electricity First Work Program, the Electricity Sector Council (ESC) will provide eligible companies with a subsidy equal to 1/3 the eligible participant’s salary up to a maximum of $10,000 over a maximum 12 month work experience period.
Criteria include:
- Be a business related to the energy sector
- Guarantee a minimum of 30 hours of work per week in a full-time position for a minimum of 4 months
- Provide $2 in wages for every $1 of wage subsidy received (a maximum of $10,000 per candidate available)
- Must have completed the wage subsidy application and have the employer wage subsidy contract in place before the candidate starts work
- Must have nepotism policy in place in regards to the participant
- Develop a formal learning plan (personalized action plan, between an employer and a participant, designed to help set and meet work-related learning objectives)
Employer Completion Grant
The Ontario Apprenticeship Employer Bonus Program offers a $1,000 taxable grant to employers for every apprentice in their employ who completes an apprenticeship training program and is issued a Certificate of Apprenticeship (C of A) and, where applicable a Certificate of Qualification on or after January 1, 2010.
Government Programs
Numerous provincial government programs may be of interest and are listed on the Ontario Economic Development website
The federal government has programs and services that help Canadians.
For a full list of Federal Government Employment Resources for employers hiring young workers visit.
The above web sites may contain other tax credits that are applicable to your organization. For More Information on Trades and Apprenticeship Programs at Conestoga College or further details on incentives for employers and apprentices please contact trades@conestogac.on.ca or Student Recruiter
Workforce Planning Board of Waterloo Wellington Dufferin Incentive Guide
This guide is a partnership project led by the Workforce Planning Board of Waterloo Wellington Dufferin to develop and distribute an employer information package regarding current apprenticeship programs and hiring incentives.
Placement & Employment Opportunities
Co-op and Graduate Employment Opportunities
The Co-op and Career Services Department facilitates recruitment of Conestoga students on an on-going basis. For a list of programs and contacts visit our website at www.conestogac.on.ca/employers/index.jsp.
Employment Ontario Employment Services Placements
Training incentives may be available for eligible employers committed to providing work-related training and development that prepares individuals to perform the full responsibilities of the job. Training incentives are designed to off-set some of the employers cost of training and encourage employers to retain the participant after the placement ends. For more information check out our website at www.conestogac.on.ca/employers/index.jsp.
For more information on Trades and Apprenticeship Programs at Conestoga or further details on incentives for employers and apprentices, please email our Employer Liaison and Student Recruiter staff at trades@conestogac.on.ca