Canada Training Credit

Eligibility

You can claim this credit if you fall under the following conditions;

• You are between the ages of 25 and 65
• You file your tax return for the year
• Your Canada training credit limit for the year is greater than zero
• You’re a resident of Canada for the year in question
• Tuition and fees paid to an eligible educational institution for the year in question and these fees are eligible for the existing tuition tax credit.

An eligible educational institution for the purpose of calculating the Canada training credit, will be:

• Post-secondary level university, college or other educational institution in Canada
• A certified institution in Canada by the Ministry of Employment and Social Development providing occupational-skills

Eligible tuition and fees for the Canada training credit will be the same as under the existing rules for the tuition tax credit. In particular, eligible tuition and fees will include:

• tuition fees
• ancillary fees and charges (e.g., admission fees, exemption fees and charges for a certificate, diploma or degree); and
• examination fees.

You may be able to claim both the Canada training credit and the tuition tax credit in the same year. However, in calculating your tuition tax credit, your eligible tuition and fees paid for the year will be reduced by the Canada training credit you claim in that year.

How do I find out if I am eligible for this credit?

You will be advised through your Notice of Assessment each year of what your limit will be. It will also be available through your My CRA Account portal. For 2020, your limit will be on your 2019 NOA.

How do I enter it on my tax return?