CO-ops hiring and credit

[vickyp]

#89733

Depending on your jurisdiction and region, there are a variety of funding/subsidy opportunities available for Canadian employers to hire co-op students. However, all of these require pre-approval and cannot be claimed after the fact as any type of tax credit.
But in some jurisdictions, tax credits exist for apprenticeship situations and those can be applied retroactively.
Each jurisdiction has their own subsidy program, but you can access an overview at Wage subsidies and tax credits for employers (canada.ca)

[vickyp]

#89820

Hello ,

I am trying to understand what government support is available for us for hiring co-ops , we intend to hire to 2 co-ops students during the summer and we want to know the cost impact or how much we will be getting as tax credit or any other format.
i appreciate if you can support on that

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