Funding Resources

Funding for co-op students is the responsibility of the employer. However, some federal, provincial, and private organizations offer subsidies and grants to hire to students.

Canada Summer Jobs (CSJ) is an initiative of the Summer Work Experience program.

It provides funding for not-for-profit organizations, public-sector employers, and small businesses with 50 or fewer employees to create high-quality summer job opportunities for students between the ages of 15 and 30.

For more information visit the Service Canada website.

Young Canada Works (YCW) wage subsidies are dedicated to offering summer jobs and internships to Canadian students and graduates, allowing them to gain valuable experience while putting their skills to the test.

Young Canada Works (YCW) sponsors 2 summer job programs for students:

The BC Arts Council's Co-op Placements Program provides arts and cultural organizations from across British Columbia with support in hiring students through co-op placements for professional work experiences.

Visit the BC Arts Council website for more info.

The BC Tech Co-op Grants Program provides $2,700 (almost a 25% subsidy) towards a co-op student’s salary.  The program is designed to help employers who are hiring young talent and to introduce students to tech-related careers.

BC businesses benefit from co-op students’ fresh ideas and readiness to learn, while students  gain work experience and valuable business and technical skills.

Learn more about your eligibility for a BC Tech Co-op Grant.

The Student Work Placement Program (SWPP) funds co-op positions in science, technology, engineering, mathematics and business. This federal government investment of $73 million announced in August 2017 will create up to 10,000 positions over 4 years.

Click here for more info on each of the 10 delivery organizations.

Support your hiring of a graduate co-op student with Mitacs Accelerate – a national internship program which connects companies and other organizations with Canada’s universities.

For each 4-month co-op term, your organization contributes $7,500 which is matched by Mitacs.

During an Accelerate internship, the student spends about half the term on site at your workplace, working on the research issue in question and collecting data. For the balance of the time, the student will spend at UBC, further advancing the research under the guidance of a faculty supervisor.

For more details on the Mitacs Accelerate internship program, click here.