
Careers in the Trades
Embarking on a career in the skilled trades offers a myriad of advantages that extend beyond the traditional academic route.
Why pursue a career in the skilled trades?
First and foremost, the skilled trades are in high demand, providing a stable and secure career path. As industries continue to evolve, skilled tradespeople remain indispensable, ensuring job security even in dynamic economic landscapes.
Beyond job security, the earning potential in the skilled trades is high. Tradespeople often enjoy competitive salaries, and as they gain experience and expertise, their income can escalate substantially.
Unlike certain professions susceptible to automation, skilled trades are less susceptible to being replaced by artificial intelligence. The nature of hands-on work, intricate problem-solving, and adaptability required in the trades ensures that practical skills and creativity remain irreplaceable.
Get paid to learn
One of the unique perks of entering the skilled trades is the opportunity to earn while you learn. Apprenticeships enable individuals to acquire hands-on experience in their chosen field while receiving a paycheck, making it a financially viable option for those who prefer practical learning over traditional classroom settings.
Apprentices not only get paid while learning, but they also have access to additional financial supports:
Apprenticeship Completion Grant - $2,000 taxable cash grant
Apprenticeship Incentive Grant - $1,000 per year taxable cash grant
Canada Apprentice Loan - Up to $4,000 in interest-free loans
Tool Deductions - Deduct up to $500/year for the cost of tools to perform your job
Pursuing an apprenticeship over college or university can result in a $220,000 difference in total spend over 4 years.
Working with a Skilled Trade Union
Entrepreneurship
The skilled trades open doors to entrepreneurial opportunities. With experience and expertise, many tradespeople choose to establish their own businesses, becoming independent contractors or entrepreneurs. This avenue allows for autonomy, increased earning potential, and the satisfaction of building and managing one's enterprise.
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