Co-operative Education Tax Credit

Last verified: June 2026

A refundable Ontario tax credit for businesses that hire students enrolled in a co-operative education program at an Ontario college or university. The credit is 25% to 30% of eligible salaries and wages paid during a qualifying work placement, up to a maximum of $3,000 per placement. The 30% rate applies to employers with payroll of $400,000 or less, and 25% to those with payroll of $600,000 or more. Each work placement must last at least 10 consecutive weeks and the student must do productive paid work supervised by the employer.