Co-op & Career Services

Co-operative Education Tax Credit

Amount: Maximum credit of $3,000 per work placement

The co-operative education tax credit is a refundable tax credit available to employers who hire students in a co-operative education program at an Ontario university or college. The program is administered by the Canada Revenue Agency through the Federal income tax system.

Student Work Placement Program (SWPP) Government Funding

Amount: Up to 75% of wages to a max of $7,500 per student

This 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.

• General Information & Application
• Technology
• STEM & Biotechnology
• Aerospace & Aviation
• Power & Electricity
• Environmental
• Employers from the Atlantic, the Prairies & British Columbia

Career Focus Initiative – Electricity Sector Council

Amount: Maximum of $17,000 to eligible employers when apprentices meet training and certification milestones.

Employers who train apprentices may be eligible for grants to help mitigate the cost of training. This initiative supports apprentice progression by giving grant payments to employers when their apprentices reach major milestones

Empowering Futures

Amount: Maximum of $7,000 per student position to the organizations who create these new opportunities.

Aimed at preparing students for the future of work, the program will create new work-integrated learning (WIL) opportunities in electricity by providing subsidies of up to $7,000 per student position to the organizations who create these new opportunities.

Graduate Enterprise Internship (GEI)

Amount: Maximum of $10,000 for a 6-month internship

Southern Ontario small or medium-sized enterprises may be eligible for up to $10,000 of matching funds for a 6-month internship for a recent graduate of an Advanced Diploma program. Students who have graduated from STEM (science, technology, engineering, mathematics) programs will be considered for participation.

The Ontario Innovation Tax Credit (OITC)

Amount: Maximum of $300,000

10% refundable tax credit, up to $300,000 per year available for Ontario private and public sector corporations. This could be used towards the hiring of students for Scientific Research and Experimental Development in Ontario.

Lambton College Employment Services Training Incentives

Are you an employer looking to hire in the Lambton County area? Employment Ontario Employment Service providers use a standardized formula to help determine consistent, fair and appropriate funding levels for employers and participants. The amount of the incentive will vary based on complexity of job skill level required and length of training required. For more information, please visit Lambton College Community Employment Services or call 519-882-4333.