FUNDS FOR FLEETS A GUIDE TO GOVERNMENT FUNDING OPPORTUNITIES FOR EMPLOYERS IN CANADA S TRUCKING INDUSTRY. *Subject to change

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1 FUNDS FOR FLEETS A GUIDE TO GOVERNMENT FUNDING OPPORTUNITIES FOR EMPLOYERS IN CANADA S TRUCKING INDUSTRY *Subject to change

2 ? About Trucking HR Canada Trucking HR Canada is an industry leader, spearheading collaboration among the stakeholders in the Canadian trucking and logistics industry to: Identify Human Resource issues, trends, opportunities and challenges Support the industry in recruiting and retaining the Human Resources needed to meet industry demand Partner on initiatives impacting Human Resources for the industry Provide a national forum for gathering and exchanging knowledge on HR issues, and sharing best practices Promote the trucking and logistics industry s careers As a national partnership-based organization, we promote the provision of safe, secure, efficient, and professional trucking services in Canada. The organization is a neutral forum for gathering and exchanging ideas, information and knowledge on Human Resources and best practices in training. Our focus is on trucking and logistics needs within the freight transportation network. DYK? Trucking HR Canada offers practical toolkits and reports on a variety of HR issues facing the Canadian trucking and logistics industry. Our weekly e-newsletter is free. Subscribe today to stay on top of the latest Trucking HR trends and learn practical tips. We recognize employers with sound HR policies and practices through The Top Fleet Employers program with the goal of raising the bar in HR within the trucking and logistics industry. We offer a wide range of trucking and logistics specific HR focused webinars. Our Women with Drive Leadership Summit is the go-to event for anyone in the trucking and logistics industry looking to learn more about women in the industry. Visit to learn more. Click here to sign up to our newsletter Trucking HR Insights

3 FUNDS FOR FLEETS 2018 update Funding opportunities for employers in the trucking industry Canada Job Grant The Canada Job Grant offers funding toward the cost of training provided by eligible third-party trainers. The total cost of training will be shared between the Government of Canada and employers. The grant s initiative is to develop a more skilled workforce, and supports job opportunities by initiating support measures such as investing $222 million per year to help Canadian businesses meet employment needs, as well as increase prospects for persons with disabilities. 1 The Government of Canada could provide two-thirds of the cost of training, up to a maximum of $10,000 per grant. Employers will be required to contribute the remaining one-third of the training costs. The training can take place in a variety of settings, including a classroom, at a workplace or online and types of training can include: n tuition fees or fees charged by training providers; n mandatory student fees; n textbooks, software and other required materials; and n examination fees Employers must apply for the Canada Job Grant though their Province or Territory. FUNDS FOR FLEETS

4 Apprenticeship Job Creation Tax Credit (AJCTC) The AJCTC is a non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, The maximum credit an employer can claim is $2,000 per year for each eligible apprentice. If your business hires an eligible apprentice, you qualify to claim the credit. 2 An eligible apprentice under this program refers to trades that are under the Red Seal program. For trucking this includes: n Transport Trailer Technician n Truck and Transport Mechanic Additional Apprenticeship Tax Credit Programs Ontario Apprenticeship training tax credit 3 The apprenticeship training tax credit is a refundable tax credit. It is available to employers who hire and train apprentices in certain skilled trades during the first 48 months of an apprenticeship program. The tax credit is based on salaries and wages paid to an apprentice. If your company has permanent establishments in Ontario, pays Ontario income tax and has incurred eligible expenses training apprentices in certain skilled trades, you could claim 35 per cent of eligible expenditures (45 per cent for small businesses). Eligible occupations in trucking could include: n Powered Lift Truck Technician n Truck Trailer Service Technician n Truck and Coach Technician n Heavy Duty Equipment Technician n Tractor-Trailer Commercial Driver FUNDS FOR FLEETS

5 British Columbia: Training Tax Credit for Apprentices The training tax credit provides refundable income tax credits for apprentices enrolled in programs administered through the Industry Training Authority (ITA). There are three main elements to the training tax credit: 1. Basic credit for the first two levels of non-red Seal training programs 2. Completion credit for level 3 or higher for both Red Seal and non-red Seal training programs 3. Enhanced credit for First Nations individuals and persons with disabilities. Eligible occupations in trucking could include: n Transport Refrigeration Mechanic n Transport trailer technician, n Truck and transport mechanic, n Diesel engine mechanic, n Diesel fuel injection mechanic Manitoba: Early-level apprentices hiring incentive High School Apprentice The apprentice must have completed, after 2010, a 110-hour credit of practical experience toward a Level 1 apprenticeship and have begun work toward that level after August Post-Secondary Apprentice The apprentice must have begun a Level 1 or 2 apprenticeships on or after January 1, 2011 and completed that level by satisfying the criteria prescribed under the Apprenticeship and Certification Act for that level Advanced-Level Apprentices Hiring Incentive This application should be completed and submitted by the employer after the apprentice has completed an apprenticeship program (Level 3, 4 or 5) in Manitoba that began on or after January 1, If you hired an apprentice from a recognized association or a pooled labour agreement, please contact the Manitoba Tax Assistance Office. FUNDS FOR FLEETS