Our federal government acknowledges that the nature of work is evolving, and many Canadians will require new skills to keep up with our changing economy. The Canada Training Credit, a refundable tax credit, is available to help you with the cost of eligible training fees.
For full details on the benefit, please refer to the Canada Revenue Agency website.
Highlights of the credit include:
- Targets Canadian workers aged 26-65 years of age
- For Canadian residents who file an income tax and benefit return
- Tuition or other fees were paid to an eligible educational institution for courses taken in the year when the credit is claimed