WIL programs designated as “co-op” may qualify for the Co-operative Education Tax Credit through the Ontario Ministry of Finance. Employers may be eligible to receive a tax credit of up to $3,000 for hiring a student enrolled in a co-operative education program at an Ontario university or college.
Learn which Seneca WIL programs may qualify for a tax credit.
The Canada Revenue Agency (CRA) administers the Co-operative Education Tax Credit on behalf of the Ontario Ministry of Finance through the federal income tax system. For more information on claiming your tax credit, visit the CRA website. Please note: Seneca emails a tax credit letter to eligible employers who have hired a co-op student at the conclusion of each work term cycle.