Effective January 1, 2019, the Canada Training Amount started accumulating at
the rate of $250 per year (not indexed), based on the following criteria:
For
Canadian resident taxpayers
aged 25 to under 65
who were resident in Canada throughout the year, and
have filed a tax return for that year
Working income (including maternity and parental benefits) must be at
least $10,000 in the preceding year, indexed after 2020.
With net income NOT exceeding the top threshold of the 3rd tax bracket in the preceding year.
Lifetime limit of the
training amount is $5,000 (not indexed).
Any unused balance will expire at the end of
the year in which the taxpayer turns 65, or when the taxpayer dies.
Canada Training Credit (CTC)
Earnings Limits
- Working Income
Year
Lower
Threshold
Upper
Threshold
2026
$12,058
$177,882
2025
11,821
173,205
2024
11,511
165,430
2023
10,994
155,625
2022
10,342
151,978
2021
10,100
150,473
2020
10,000
147,667
The above table means that to accumulate the annual training amount limit of
$250 for the 2026 taxation year, the following conditions must be met:
taxpayer aged 25 to less than 65 at December 31, 2025
taxpayer was a Canadian resident throughout 2025
have total working income of $12,058 or more in 2025
have individual net income for 2025 that did not exceed $177,882
Your accumulated CTC balance at the end of 2024 can be used to get a
refundable tax credit on your 2025 tax return.
Your 2024 Assessment Notice from Canada Revenue Agency (CRA) will show the
balance of your accumulated CTC.
The first year that the CTC could be claimed on the tax return was 2020,
based on the CTC limit at the end of 2019.
Claiming the CTC on the Tax Return
The refundable training credit can be claimed on line 45350 of the tax return
by completing Schedule 11, for a year in which the taxpayer incurs eligible tuition fees (including
ancillary fees and charges and examination fees), which would be reported on the
taxpayer's T2202 tax slip.
CTC claimed will reduce the accumulated CTC balance.
The claim is the lesser of
the training credit accumulated to the end of the previous taxation year,
50% of the eligible tuition and fees paid, and
$5,000 less training credits claimed in previous years.
Eligible tuition fees will be the
same as under the existing rules for the Tuition
Tax Credit, except that educational institutions outside of Canada will not
be eligible. Eligible educational institutions include:
a university, college or other educational institution providing courses
at a post-secondary school level, or
certified by the Minister of Employment and Social Development to be an
educational institution providing courses designed for university credit,
that furnish a person with skills for, or improve a person's skills in, an
occupation.
If the amount of the training credit allowable exceeds tax
otherwise payable, the balance will be refunded.
Eligible tuition fees for the Tuition Tax Credit will be
reduced by the amount of the training tax credit deducted.
Canada Training Credit (CTC) Example
Duncan has accumulated training amounts for 2019 to 2024, so his CTC limit
at the end of 2024, for a 2025 claim, is $1,500 (6 yrs x $250).
He has eligible tuition fees in 2025 of $7,000.
His claim amount for 2025 is $1,500, being the lesser of:
$7,000 x 50% = $3,500 and
his CTC limit of $1,500 (previous year balance of CTC)
If Duncan's tax payable for 2025 is zero prior to this credit, he will get a
refund of $1,500, because this is a refundable tax credit.
Tuition amount that can be claimed for 2025 is $7,000 - $1,500 = $5,500.
Provincial Training Credits
Ontario Refundable Jobs
Training Tax Credit
Initially planned for 2021 only (Ontario
Taxation Act, 2007, s. 103.0.4), the credit was extended to 2022 and was
then cancelled.