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.

Through the Student Work Placement program, employers can apply for wage subsidies to help them hire post-secondary students across Canada.

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

Canada Summer Jobs (CSJ) is an initiative of the Youth Employment and Skills Strategy.

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 youth between the ages of 15 and 30.

For more information, visit the Employment and Social Development 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.

BC-based organizations with less than 500 employees can receive up to $20,000 per year to hire co-op students.

Each employer is eligible to receive a maximum of 4 grants per program year (each valued at $5,000 for a total value of $20,000), to recruit and train between 1-4 distinct co-op students.

Eligible organizations must be based in BC with fewer than 500 employees and can be:

  • a tech company or tech non-profit hiring for any role, or
  • a non-tech company, organization or non-profit hiring for a tech role
    (A tech role is defined as a role primarily related to developing tech or providing tech support)

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

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

  • Funding: $10,000-$15,000 per 4-6 month internship with the employer contributing $5,000-$7,500 per internship.
  • Eligibility: For-profit and not-for-profit organizations in Canada, for-profit organizations operating outside Canada. In 2020/2021, municipalities are also eligible.
  • Timelines: Apply anytime and applications are reviewed in 6-8 weeks.

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.