Grants and Support

Many apprentices finish their training with very little to no student debt as compared to university and college graduates. As an apprentice, not only are you earning as you learn but have access to additional financial supports.

• Apprentices in Red Seal trades can apply for up to $4,000 in interest-free loans per period (up to five) of technical training through the Canada Apprentice Loan.
• Tradespeople and apprentices may be able to deduct the cost of eligible tools purchased in to earn employment income as a tradesperson. Tradespersons may deduct up to a maximum of $500 each year for the purchase of eligible tools.

Check with your provincial/territorial apprenticeship authority to see if additional supports are available or search the Skilled Trades Hub at caf-fca.org.