Canada's Economic Action Plan - Support for Workers
Canada’s Economic Action Plan – Support for Workers(play the enclosed video)
· Retraining programs for laid-off workers
· Work sharing programs
· Extended Employment Insurance benefits
· New benefits for the self-employed
· Apprenticeship Programs and Incentives for workers who wants to change careers.
Apprenticeship Grants are designed to encourage more apprentices to complete their training.Through the Apprenticeship Incentive Grant and the Apprenticeship Completion Grant, registered apprentices who complete their apprenticeship training and receive their journeyman/journeywoman certification in a designated Red Seal trade could be eligible to receive up to a maximum of $4,000.
The Apprenticeship Incentive Grant (AIG) is a taxable cash grant of $1,000 per year, up to a maximum of $2,000 per person, available to registered apprentices once they have successfully completed their first or second year/level (or equivalent) of an apprenticeship program in one of the Red Seal trades.Apprentices should be aware that there is a deadline to apply.
Apprenticeship Completion Grant (ACG)
The Apprenticeship Completion Grant (ACG) is a $2,000 taxable cash grant designed to encourage apprentices registered in a designated Red Seal trade to complete their apprenticeship program and receive their certification. Eligibility is retroactive to January 1, 2009.
The completion grant will be offered to apprentices who complete their training, become certified journeymen/journeywomen in a designated Red Seal trade and who obtain either the Red Seal endorsement or a provincial or territorial Certificate of Qualification.
Apprentices should be aware that there is a deadline to apply.
For more information on the Canada’s Economic Plan for workers, visit this site:
http://www.servicecanada.gc.ca/eng/goc/apprenticeship.shtml
For more information on Canada’s Economic Plan support for workers, visit:
actionplan.gc.ca
Support for workers and unemployed, visit this site: HRSDC web link
This article is presented for general information only, please consult your financial advisor for advice for your specific financial situation.
Please contact Service Canada for more details of the program, and the deadlines to apply for the apprenticeship grants and incentives.
Informational Video from Government of Canada: actionplan.gc.ca
Labels: apprenticeship grant, Canada's Action Plan, extended employment insurance benefits, financial planning, new benefits for self employed, support for workers, tax planning, taxable benefits, workers
posted by laramaryann @ 10:17 PM
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