Co-operative Education Tax Credit

Amount

Varies

Deadline

Rolling

Odds

Legislated entitlement

Effort

1–2 hours

Can you get this?

✓Ontario corporations or unincorporated businesses eligible

✓Business must be subject to Ontario income tax

✓Student must be enrolled in qualifying co-op program

✓Work placement must be at least 10 consecutive weeks

✓Student must be paid for work performed

Your real odds

This is a legislated entitlement, so if your placement meets the criteria, you receive the credit.

There is no application pool or selection process, and eligibility is determined when you file your Ontario tax return. The main risk is failing to meet the specific placement conditions, which makes documentation critical.

What it takes

Confirm the co-op program and institution are eligible under the Ontario criteria1–2 hours

Structure and document the work placement to meet all qualifying conditions (duration, supervision, evaluation, pay)Ongoing during placement

Claim the credit on your Ontario corporate or personal income tax return1–2 hours at tax time

Worth knowing

Any government assistance received for the same placement reduces your eligible expenditure, so if you are also receiving a wage subsidy for the student, your credit base will be lower than the full $3,000 per placement.

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