How the Program Works

The program is delivered by Magnet 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
  • Convene educators and employers to help align PSE curricula to the skills needs of industry

Funding is limited and administered on a first-come, first-served basis wherein completed applications are prioritized in the order they are received.

Wage Subsidy Overview

Program funding reimburses  eligible employers for 75% of wages (to a maximum of $7,500) for each placement.

For employers interested in participating in the program, you...

Have hired a student or you’re about to hire one
Can meet the eligibility criteria below
Submit an employer application

Contact us for more information

Program Eligibility

Employers

  • Registered Canadian businesses, not-for-profit, hospitals, long-term care facilities and post-secondary institutions (universities, colleges, and polytechnics).
  • Federal, Provincial, Territorial and Municipal Government do NOT qualify. However, if you receive partial funds from provincial, territorial or municipal sources, SWPP can fund only non-government part of the student’s salary, please refer to the placement eligibility criteria list.
  • Starting from October 15, 2020, the financial institutions no longer qualify for SWPP funding, please visit this list for the details.
  • Are committed to paying the student for the role.
  • Are willing to provide a quality learning experience to a post-secondary education student.
  • Has 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) can now be the employer of record to offer meaningful placements to students.
  • Hospitals and long-term care facilities are also eligible employers of record.
  • Additional 1,500 placements have been reserved for employers in Canada’s health care sector.

*Changes in effect until March 31st, 2021.

Magnet will continue to accept applications for funding from employers. To start your application, visit magnet-swpp.smapply.ca.

Following a time of downturn, SWPP can be valuable in helping employers boost their capacity with young talent while offsetting costs.

If you have any questions or concerns, you can also reach us at swpp@magnet.today.

Students

  • Registered in a recognized Canadian post-secondary institution (part-time or full-time enrollment in college, bachelor’s, master’s or PhD programs).
  • Canadian citizens, permanent residents, or persons to whom refugee protection has been conferred under the Immigration and Refugee Protection Act. International students are not eligible.
  • Undertaking a placement that is recognized as a Work-Integrated Learning component by the student’s institution in connection with a course, degree, certificate, diploma, or other recognized program offered by the institution. The placement can be required or optional, for credit or not for credit.

Placements

  • 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 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).
  • The application is ineligible if you already applied for or have received an award/grant from other federal funding programs, 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).

Contact us for more information

How the Program Works

The program is delivered by Magnet 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

Funding is limited and administered on a first-come, first-served basis wherein completed applications are prioritized in the order they are received.

Have students eligible for funding?

Contact us today to discuss program funding for your students and employer partners.

Wage Subsidy Overview

All interested students will have access to placements – there are no fees, preferred status, or Memorandum of Understanding with institutions is required for their participation.

Program funding covers eligible employers for 75% of wages (to a maximum of $7,500) for each placement.

Program Eligibility

Employers

  • Registered Canadian businesses, not-for-profit, hospitals, long-term care facilities and post-secondary institutions (universities, colleges, and polytechnics).
  • Federal, Provincial, Territorial and Municipal Government do NOT qualify. However, if you receive partial funds from provincial, territorial or municipal sources, SWPP can fund only non-government part of the student’s salary, please refer to the placement eligibility criteria list.
  • Starting from October 15, 2020, the financial institutions no longer qualify for SWPP funding, please visit this list for the details.
  • Are committed to paying the student for the role.
  • Are willing to provide a quality learning experience to a post-secondary education student.
  • Has 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) can now be the employer of record to offer meaningful placements to students.
  • Hospitals and long-term care facilities are also eligible employers of record.
  • Additional 1,500 placements have been reserved for employers in Canada’s health care sector.

*Changes in effect until March 31st, 2021.

Magnet will continue to accept applications for funding from employers. To start your application, visit magnet-swpp.smapply.ca.

Following a time of downturn, SWPP can be valuable in helping employers boost their capacity with young talent while offsetting costs.

If you have any questions or concerns, you can also reach us at swpp@magnet.today.

Students

  • Registered in a recognized Canadian post-secondary institution (part-time or full-time enrollment in college, bachelor’s, master’s or PhD programs).
  • Canadian citizens, permanent residents, or persons to whom refugee protection has been conferred under the Immigration and Refugee Protection Act. International students are not eligible.
  • Have a Work-Integrated Learning component (e.g. co-op, internship, etc.) in their program of study or course during the semester of the application, which their post-secondary institution recognizes as being fulfilled with the placement at your organization.
  • Undertaking a placement that is recognized as a Work-Integrated Learning component by the student’s institution in connection with a course, degree, certificate, diploma, or other recognized program offered by the institution. The placement can be required or optional, for credit or not for credit.

Placements

  • 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 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).
  • The application is ineligible if you already applied for or have received an award/grant from other federal funding programs, 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).

Contact us for more information

What is a Wage Subsidy?

A wage subsidy provides financial reimbursement to employers who hire eligible job seekers.

What is WIL (work-integrated learning)?

As defined by Co-operative Education and Work-Integrated Learning Canada, work-integrated learning (WIL) is a model and process of curricular experiential education which formally and intentionally integrates a student’s academic studies within a workplace or practice setting.

Work Integrated learning opportunities that are eligible for Student Work Placement wage subsidies include, but are not limited to:

  • mentorship programs
  • co-op placements
  • practicums
  • applied research projects; and
  • internships

WIL experiences include an engaged partnership of at least: an academic institution, a host organization and a student. WIL can occur at the course or program level and includes the development of learning outcomes related to employability, personal agency and life-long learning.

How are First Year Students defined?

First Year Students are defined as students registered in the first year of their program at a recognized post-secondary institution.

Who are under-represented groups?

Students from under-represented groups include:

Women in STEM: refers to a woman registered and studying in science, technology, engineering, and mathematics (STEM).

Indigenous People: refers to people who reported identifying with at least one Aboriginal group, that is, First Nations, Métis or Inuit, and/or those who reported being a Treaty Indian or a Registered Indian as defined by the Indian Act of Canada, and/or those who reported they were members of an Indian band or First Nation.

Persons with disabilities: refers to an individual who has a difficulty or impairment due to a long-term condition or health problem and/or experiences a limitation in their daily activities.

Newcomer: refers to immigrants who immigrated to Canada within the last five years.