Regarding the tax treatment of amounts paid as part of a Construction Sector Training Initiative, namely (a) $750 per week of training, paid every two weeks to an individual who registered between October 30 and December 15, 2023 in a short-term study program leading to a skills training certificate; and a "bourse de perseverance [persistence bursary]" in the amount of $9,000 to $15,000 paid to an individual upon graduation if certain eligibility criteria were satisfied, the Directorate stated:
[T]he … $750 per week of training that will be paid to an individual enrolled in a program of study leading to a skills training certificate … qualifies as a bursary since it is paid so that the individual can continue the individual’s studies.
… [T]he "bourse de persévérance" … qualifies as a bursary if it is paid for the pursuit of studies, whereas it qualifies as a prize for achievement in a field of endeavour ordinarily carried on if it is paid in recognition of obtaining a diploma.