FOR IMMEDIATE RELEASE:
Sept. 16, 2021
SIMCOE – Haldimand-Norfolk MPP Toby Barrett wants to ensure eligible area residents are aware of the Ontario Jobs Training Tax Credit for 2021.
This is a refundable personal income tax credit that returns 50 per cent of eligible training expenses for 2021, up to $2,000. Expenses that apply include everything from personal support worker training programs to heavy machinery training programs, to courses towards a degree, diploma, or certificate and much more. In combination with the federal government’s Canada Training Credit, people can get a total of up to $2,500 back next year for training.
“The pandemic has changed our economy, and we understand people need relief to maintain their quality of life at this challenging time,” said Haldimand-Norfolk MPP Toby Barrett.
“The Ontario Jobs Training Tax Credit provides up to $2,000 per person to help with the cost of training,” said Monte McNaughton, Minister of Labour, Training and Skills Development. “This is just one way we are supporting workers during the COVID-19 pandemic.”
To help workers learn new skills or change careers, the Ontario Jobs Training Tax Credit will provide up to $2,000 for 50 per cent of eligible training expenses, for a total estimated $260 million in support for about 230,000 people.
- Up to $2,500 of support is available when the Ontario Jobs Training Tax Credit is paired with the Canada Training Tax Credit.
Ontario’s 2021 Budget has incorporated the needs of job seekers by offering a helping hand in the form of refundable tax credits; those eligible should know that relief is available.
“Training programs are essential to our mission of helping people find good jobs,” said Monte McNaughton, Minister of Labour, Training and Skills Development. “With the right training, laid-off workers can get the hand up they need into life-long careers. Supporting innovative training projects in communities across the province is part of our plan to help people develop the in-demand skills they need both now and in the future.”
“We encourage the people of Ontario to use these tax credits to fill the gaps created by last year’s global economic downturn and help set their lives on the right track forward,” Barrett said.
For more information, contact MPP Toby Barrett at 519-428-0446 or [email protected]