ValueRefundable credit of 25-30% of eligible wages per co-op work placement, max CAD $3,000 per placement (30% rate for payroll <=$400K)
DeadlinesNone — claimed with the tax return (corporations: Schedule 550 with T2)
RequirementsOntario permanent establishment; qualifying co-op placement (typically 10 weeks to 4 months) of a student from an eligible Ontario post-secondary co-op program; institution letter documenting the placement
Caveatsper-placement cap is small — value comes from running multiple placements; only registered co-op programs qualify
ContactCRA business enquiries: 1-800-959-5525
Last verified2026-08-23