Financial Supports

Funding Your Path into the Trades

Grants, tax credits, EI during in-class training, and employer incentives available to apprentices, journeypersons, and employers in New Brunswick.

Supports Available

Financial Supports at Every Stage

Whether you’re just starting out or supporting your team, there are programs designed to help.

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Apprenticeship Incentive Grant

A taxable cash grant of $1,000 per year (up to $2,000 total) for apprentices who complete the first or second year of a Red Seal trade apprenticeship.

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Apprenticeship Completion Bonus

A $2,000 taxable grant for apprentices who complete their apprenticeship and obtain their journeyperson certification in a Red Seal trade.

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EI During Technical Training

Apprentices attending in-class technical training may be eligible for Employment Insurance benefits to help cover living costs during school blocks.

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Employer Tax Credit

The federal Apprenticeship Job Creation Tax Credit provides employers a 10% tax credit on wages paid to eligible apprentices in the first two years.

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Union & Employer Training Funds

Many trades unions and employer associations in NB administer their own training and bursary funds. Contact your union or employer for details.

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Newcomer & Equity Programs

Targeted financial supports exist for newcomers, Indigenous peoples, women in trades, and persons with disabilities entering the skilled trades.

Ready to start your apprenticeship?

View Apprenticeship Pathways β†’
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