Incentive / Tax Credits
Ontario Apprenticeship Training Tax Credit (OATTC)
The OATTC is a refundable tax credit that is available to employers who hire and train apprentices in certain skilled trades during the first 36 months of an apprenticeship program that began on or after April 24, 2015.
For apprenticeship programs that began after March 26, 2009 and before April 24, 2015, the first 48 months of the apprenticeship program qualify for purposes of the tax credit.
The tax credit is based on salaries and wages paid to an apprentice. Qualifying businesses can claim 25 per cent of eligible expenditures (30 per cent for small businesses) made during the first 36 months of an apprenticeship program that began on or after April 24, 2015.
The maximum credit for each apprenticeship is $5,000 per year. The maximum credit over the first 36-month period of the apprenticeship is $15,000.
Federal Apprenticeship Job Creation Tax Credit
The AJCTC is a non-refundable tax credit equal to 10 per cent of the salaries and wages paid 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 Employment Ontario Employment Services employers (EOES) who hire, register and train an EOES participant apprentice as part of his/her 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
- A final $1,000 payment six months from the apprenticeship signing/registration date if the apprentice is still working and training with the same employer.
To learn more about eligibility for the Apprenticeship Employer Signing Bonus, please contact the Conestoga Career Centre or email email@example.com and an employer liaison will be available to assist you.
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 less than $400,000) of the salaries and wages paid to eligible post-secondary students in a qualifying co-op work placement that is at least 10 consecutive weeks.
A maximum tax credit of $3,000 is available per student, per four-month qualifying work placement.
Apprenticeship Completion Employer Bonus
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.
For a full list of federal government employment resources for employers hiring young workers, visit www.youth.gc.ca.
For more information on Trades and Apprenticeship Programs at Conestoga College or further details on incentives for employers and apprentices, please contact us.
Placement & Employment Opportunities
Co-op and Graduate Employment Opportunities
The Co-op and Career Services Department facilitates recruitment of Conestoga students from a number of programs on an ongoing basis.
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 offset some of the employer's cost of training and encourage them to retain the participant after the placement ends.
Conestoga Career Centre will assist in matching youth and employers to meet training goals. For more information, please visit our Employer Services website.
For more information on Trades and Apprenticeship Programs at Conestoga or further details on incentives for employers and apprentices, please email our at Employer Liaison and Student Recruiter staff