Financing Options for Truck & Heavy Equipment Training

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Your new career is worth investing in—and plenty of programs agree.

Training for a high-demand career as a truck driver or heavy equipment operator is a smart investment, and TTCC is here to help you afford it. From zero-interest financing to government grants, here’s a full rundown of options available in Ontario, New Brunswick, and Nova Scotia.

Plus, our friendly team can guide you through every step.

Your Funding Options

Better Jobs Ontario (Second Career)

All TTCC Truck & Heavy Equipment courses are eligible for Better Jobs funding.

Designed for shorter, in‑demand training programs (under 52 weeks), you can receive up to $28,000 in funding for tuition, living expenses, books, supplies, and transportation.

Employer Funding: Canada–Ontario Job Grant (COJG)

Employers may receive support of $10,000–$15,000 to train new or existing employees through COJG. This is a great option if a company hires you during or right after your training.

Employer Funding: Skills Development Fund (SDF)

This Ontario training stream provides funding for organizations to provide employees training and in-demand skill development.

WSIB Return-to-Work Funding

If you’re returning from a workplace injury, the Workplace Safety and Insurance Board (WSIB) may fund your training as part of your recovery and job re-entry plan. Your Return-to-Work Specialist can advise you on career college training.

Ontario Works & ODSP

These provincial programs support Ontarians with their living costs and fund career training. Ontario Works and the Ontario Disability Support Program (ODSP) can help fund career college training tailored for employability, including TTCC.

Indigenous & Newcomer Support

Explore additional funding if you’re indigenous: Through programs like Indspire’s Building Brighter Futures which offers bursaries and scholarships to Indigenous students pursuing post-secondary education and training.

You may also be eligible for financial assistance through Indigenous Services Canada (ISC) through their Post-Secondary Student Support Program, providing funding for First Nations students enrolled in post-secondary programs. 

Financing Plans

Need flexible monthly payments? Our courses may be eligible for educational loans from your banking institution.
  • Manageable, fixed monthly payments
  • Ideal for those who prefer to spread tuition over time

Other Financing Resources

Beyond government grants and training programs, there are several other financial tools designed to help students like you invest in your future:

  • Student Lines of Credit: Leading Canadian banks offer lines of credit specifically for students, often with low interest rates ranging from 0% to 6% while you’re enrolled. These flexible loans allow you to manage tuition and living expenses with manageable repayment schedules after graduation.
  • Registered Savings Plans: The RRSP Lifelong Learning Plan (LLP) lets you temporarily withdraw funds from your Registered Retirement Savings Plan (RRSP) to pay for eligible training without immediate tax consequences. Similarly, if you’re saving for a family member, a Registered Education Savings Plan (RESP) provides government grants and tax advantages to help cover education costs.
  • Microlending for Newcomers: If you’re new to Canada and traditional financing isn’t an option, programs like Windmill Microlending offer affordable loans aimed at newcomers seeking certification or training. These can be a lifeline for immigrants looking to jumpstart a career in trucking or heavy equipment operation.

Want to learn more about financing options tailored to your situation?

Contact our Admissions Specialists today for personalized guidance.

Why Now Is the Right Time

If you’re considering a career in trucking or heavy equipment operation, there are a few compelling reasons why now is an excellent moment to get started:

How TTCC Works With You

At TTCC, we’re committed to helping you secure the financing you need so you can focus on learning and succeeding:

  • Personalized Eligibility Assessment: Our Admissions Specialists take the time to understand your background and goals, then identify all the funding sources that apply to you.
  • Customized Financial Plans: Whether it’s combining government programs with private financing or arranging payment plans, we build a package that fits your needs.
  • Hands-On Application Support: Navigating funding paperwork can be overwhelming, but we assist you through each step to ensure your applications are complete and submitted on time.
  • Enrollment Made Easy: Once approved, you’ll be seamlessly enrolled in your chosen program, ready to start your journey.

Don’t let financing hold you back — contact us today and let TTCC help you get on the road to success.

Frequently Asked Questions

Can I combine multiple funding sources?

Yes, for example, Better Jobs grants paired with a bank loan.

Absolutely—ask us how.

Some may be taxable; Employment Ontario agencies and CRA can advise.

Ready to Fund Your Future?

Connect with our Funding & Admissions Specialists for funding advise tailored to your location and situation.
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