As per the CRA: Canada training credit limit for 2025 You can accumulate $250 towards your 2025 CTCL if you meet all of these conditions in 2024: â– you file an Income Tax and Benefit Return for the year â– you were a resident in Canada throughout the year â– you were at least 26 years old and less than 66 years old at the end of the year â– you have at least $11,821 of working income (including maternity and parental benefits) â– your net income for the year is not greater than $173,205 You can calculate your CTCL using the following formula: A + B - C, where: A is your limit for the previous tax year. B is the $250 annual accumulation (if you meet all the conditions above, if not, B will be zero). C is the CTC claimed in the previous year.
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