Changes to the Apprenticeship Training Tax Credit

Starting April 24, 2015 the Ontario government reduced the Apprenticeship Training Tax Credit to $5,000 per year from $10,000 per year, and the period of eligibility from four years to three years. The credit is available to businesses that pay Ontario income tax, permanently reside in Ontario, and employ and/or provide training for apprentices in skilled trades.

For more information see the Ontario Ministry of Finance website.