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Completion grant now available for apprentices
Senator Mike Duffy, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development, announced that eligible apprentices will be able to apply for the Apprenticeship Completion Grant starting today.
“By providing the Apprenticeship Completion Grant, our Government is helping Canadians to become tradespeople and ensuring that we have the skilled and mobile workforce our country needs to meet the demands of our changing labour market,” said Senator Duffy.
The Apprenticeship Completion Grant is a $2,000 grant that the Government will provide to eligible apprentices who successfully complete their apprenticeship training and receive their journeyperson certification in a designated Red Seal trade on or after January 1, 2009.
Under the existing Apprenticeship Incentive Grant, apprentices are already eligible for a $1,000 grant when they complete the first and/or second level of their apprenticeship program in a designated Red Seal trade, to a maximum of $2,000. To date, more than 100,000 grants have been issued to Canadians across the country.
It is estimated that 20,000 apprentices will benefit from the Apprenticeship Completion Grant each year upon certification in a designated Red Seal trade. Highly valued by employers, the Red Seal Program promotes a national standard for training excellence in the skilled trades.
As a combined result of the two apprenticeship grants, apprentices who complete their training and become a certified journeyperson in a designated Red Seal trade, could be eligible to receive a total of $4,000.
increasing funding by $1 billion for training delivered through the Employment Insurance (EI) program over two years.
investing $500 million over two years in a Strategic Training and Transition Fund to support the particular needs of workers, whether they qualify for EI or not, including those who have been out of work for a prolonged period of time
providing an additional $175 million over three years to support Aboriginal skills development and training; and
providing additional funding for key programs aimed at supporting older workers, young Canadians, apprentices and foreign credential recognition.
For more information about this release, please contact: Michelle Gallant, Media and Communications Officer Tel: 902-629-4270
Date: Friday, July 03, 2009
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