Apprenticeship grants play an important role in supporting skilled trades in Ontario by providing financial assistance to apprentices during their training period. These grants are designed to help cover the costs of tools, equipment, and other expenses associated with apprenticeship training.
The Government of Ontario offers several apprenticeship grants to eligible apprentices, including:
- Apprenticeship Signing Bonus: This grant provides up to $2,000 to eligible apprentices who sign a registered training agreement on or after April 1, 2019.
- Apprenticeship Completion Bonus: This grant provides up to $1,000 to eligible apprentices who complete their apprenticeship and receive their certification.
- Tools Grant: This grant provides up to $1,000 to eligible apprentices to help cover the costs of tools and equipment required for their trade.
- Living Expenses Grant: This grant provides up to $5,000 to eligible apprentices who are required to travel outside of their regular commuting area to attend in-school training.
These grants help to make apprenticeship training more accessible and affordable for individuals who are interested in pursuing a career in the skilled trades. By providing financial support to apprentices, these grants also help to address the shortage of skilled trades workers in Ontario by encouraging more people to enter the trades.