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.
Employer applications are now being accepted.
How the Program Works
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 covers eligible employers for:
- 50% of the wages (to a maximum of $5,000) for each net new placement.
- 70% of the wages (to a maximum of $7,000) for each net new placement for under-represented groups including women in STEM, Indigenous students, newcomers, and persons with disabilities, as well as first-year students.
- Registered, Canadian business or not-for-profit
- 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.
- Registered as a domestic student in a recognized post-secondary institution
- Canadian citizens, permanent residents, or persons to whom refugee protection has been conferred under the Immigration and Refugee Protection Act
- Legally entitled to work in Canada in accordance with relevant provincial or territorial legislation and regulations
- Must have a work-integrated learning component within their study plan
- Can be in a full or part-time program
- Can be from any program of study (i.e. STEM, business, arts, etc)
- Positions must be 'net new' to qualify for SWP funding (for example, incremental positions over and above what employers were able to hire last year at the same time)
- Full-time or part-time positions
- 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 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).