Our federal government acknowledges the evolving nature of work means that people may change jobs many times over the course of their working lives, or may require new skills to keep their jobs in a changing economy. Appreciating the challenge this presents for working Canadians, the government has created the Canada Training Benefit.
For full details on the benefit, please refer to the Budget 2019 website.
Highlights of the benefit include:
- Targets Canadian workers aged 25-64 years of age
- Annual income range of $10,000 to $150,000
- Eligible training fees at colleges, universities and eligible institutions proving occupational skills training starting in 2020