Canada Apprentice Loan & Completion Grant
Canada Apprentice Loan
Apprentices registered in a Red Seal trade apprenticeship program who meet the eligibility requirements for Canada Apprentice Loan (CAL) may receive up to $4000 in interest-free loans per period of technical training. The purpose of the Canada Apprentice Loan (CAL) is to provide apprentices registered in Red Seal trades with loans to assist with the costs of attending technical training.
One-page summary of the program: Canada Apprentice Loan
For more information and the on-line application, visit www.canada.ca/apprentice
Apprenticeship Completion Grant
The Apprenticeship Completion Grant (ACG) is a one-time taxable cash grant of $2,000 maximum available to registered apprentices who have successfully completed their apprenticeship training and obtained their journey-person certification in a designated Red Seal trade on or after January 1, 2009.
Apprenticeship grants are provided to increase access to apprenticeships in the Red Seal trades by helping apprentices cover expenses such as the purchase of tools and other materials required for learning on-the-job and travel expenses associated with classroom training.
For more information or to apply for the Apprenticeship Completion Grant, visit Apprenticeship Completion Grant