How the Program Works
The Student Work Placement program brings together employers, students, and post-secondary school stakeholders to create quality work-integrated learning (WIL) opportunities.
The program provides employers with wage subsidies to hire post-secondary students for paid work experiences. Students in turn benefit with quality work experience so they can secure employment in their chosen fields of study.
The program is delivered by Magnet at Ryerson University along with a range of recognized associations and organizations who represent key industries and sectors in Canada. Together, they partner with colleges, universities, polytechnics and CEGEPs to:
- Provide wage subsidies to employers that offer quality student work placements
- Create recruitment opportunities to match students to the right placements
Wage Subsidy Overview
Program funding reimburses eligible employers for 75% of wages (to a maximum of $7,500) for each placement.
- Registered Canadian businesses, not-for-profits, hospitals, long-term care facilities and post-secondary institutions (universities, colleges, and polytechnics).
- Federal, Provincial, Territorial and Municipal Government does not qualify.
- Are committed to paying the student for the role.
- Are willing to provide a quality learning experience to a PSE student.
- Have the financial capacity to pay the student for the duration of the placement in full (the wage subsidy will be administered after receiving the final pay stub at the end of the placement).
The Government of Canada has also introduced the following changes* to the program in response to COVID-19 and its impact on operating costs and timelines for businesses:
- Employers will have the flexibility to postpone placement start dates to avoid rescinding placements.
- Employers will be able to apply for funding before they finalize their selection of students to hire.
- Students will be able to work from home.
- Post-secondary institutions (universities, colleges and polytechnics) will be able to be the - employer of record to offer meaningful placements to students.
Hospitals and long-term care facilities are also eligible employers of record.
- 1500 placements have been reserved for employers in Canada’s health care sector.
*Changes in effect until March 31st, 2021.
Following a time of downturn, SWPP can be valuable in helping employers boost their capacity with young talent while offsetting costs.
- Registered in a recognized Canadian post-secondary institution.
- Canadian citizens, permanent residents, or persons to whom refugee protection has been conferred under the Immigration and Refugee Protection Act. International students with a work/study permit are not eligible.
- Have a Work-Integrated Learning component (co-op, internship, practicum, etc.) within their study plan during the term of the placement/application or optional WIL recognized by the institution of their enrollment in the corresponding semester.
- Stacking with provincial tax credits is allowed, but it’s the employer’s responsibility to follow their provincial tax credit guidelines and consult a tax professional. Please note, wage subsidy funds cannot be counted toward any tax credits, only actual paid wages.
- Partial government funds from provincial/territorial/municipal sources are permitted but only funds from non-governmental sources can be subsidized under this program (for example, a position paid with 60% provincial grant funding is only eligible for a subsidy on the 40% of the non-governmental funds from the employer).
- A placement cannot be funded by this program and another source of federal funding, such as Canada Summer Jobs, Canada Emergency Wage Subsidy (CEWS), or any other delivery partner of the Student Work Placement Program (full list available here).