Skilled trade incentives
How the ATTC can help your vending business.
By Naomi Szeben
As part of the Ontario government’s strategy to increased skilled labour, Monte McNaughton, the Minister of Labour, Training and Skills Development, launched a program to draw students and professionals to the skilled trades.
A marketing campaign was launched to highlight good-quality, well-paying and flexible careers in the trades, under the slogan ‘Find a Career You Wouldn’t Trade.’ The government is looking to fill demand for vending-related trades, such as micro electronics manufacturing, electronic service technicians and parts technicians among other fields.
“We need to do a better job at enticing young people and their parents to the skilled trades,” said Minister McNaughton in a press release. “For too long, we haven’t viewed these challenging positions as a viable first option. That needs to change and our Open for Business, Open for Jobs strategy, including our new advertising campaign, will go a long way towards making the skilled trades more attractive.”
The ads are just one part of the government’s strategy to open up the skilled trades for young people and businesses. The government is also investing approximately $75 million in three programs to expose high school students to the trades: $12.7 million in the Ontario Youth Apprenticeship Program, $42 million in the Specialist High Skills major program and $20.8 million in a pre-apprenticeship program.
A media campaign and several tax incentives are urging Canadians to find a skilled trade, or to hire an apprentice in a skilled trade. For those looking for trades that would be of the most use to those in the automated sales and vending industry can refer to the following guides to help the get paid while getting trained. The National Occupational Classification (NOC) codes are supplied to help find job description
- Appliance servicers and repairers
- Electronic Service Technician
- Micro Electronics manufacturer
More information about how to hire and train apprentices and the benefits to employers is available from the Ministry of Training, Colleges and Universities. Some of the financial and time-related burdens of training are lifted with the Apprenticeship Training Tax Credit (ATTC).
An eligible employer may claim a refundable tax credit for eligible expenditures equal to the lesser of:
- 25 per cent (30 per cent for small businesses) of the eligible expenditures made in respect of that apprenticeship, and
For more information on reimbursement for apprenticeship training, please go to: https://www.fin.gov.on.ca/en/credit/attc/genguidelines.html
For those who want to learn more about apprenticeship and training programs please got to: https://www.ontario.ca/page/stronger-apprenticeship-system-ontario-ontarios-apprenticeship-strategy#section-2 o