10/10/2026
Want to hire a student but worried about the cost of someone without experience? This program can pay you back up to half their wages, to a maximum of $5,000 per student.
The Student Work Placement Program is for post-secondary students hired between September 1 and December 31, 2026. The job can keep going past December, but only wages for work in the approved funding term count.
It isn't automatic. You have to apply, and the employer applies, not the student. You can start before you've picked a student, and if you've already hired one since September 1, you can still apply. Funding is limited and first come, first served, so don't wait.
IS IT FOR YOU?
✔ You're a private business or not-for-profit in Canada
✔ The student is a Canadian citizen, permanent resident or person with refugee protection
✔ They're currently enrolled at a Canadian university, college, polytechnic or institute, full- or part-time
✔ Their school recognizes the job as part of their program, such as a co-op, internship, field placement or work experience
✔ They're a new employee on your payroll: not a contractor, owner, current employee or immediate family
NOT ELIGIBLE: international students; recent grads; trades, apprenticeship, clinical or articling hours; government or post-secondary employers; faith-based organizations (unless the role itself is secular); financial institutions with 500 or more employees. It can't be combined with Canada Summer Jobs or other federal wage funding.
YOUR NEXT STEPS
1️⃣ Check you qualify at swpprogram.ca
2️⃣ Create a free employer account and apply at swpp.poweredbymagnet.ca. No student picked yet? Apply anyway, with the role in mind. Magnet usually replies within two weeks.
3️⃣ Once you have a student, ask their school (the co-op or placement office) to confirm the job counts toward their program, then add the student to your application. Without the school's recognition, it doesn't qualify.
4️⃣ Pay the student as normal. After the placement ends and your paperwork is approved, you're paid back.
Students: looking for experience? Check with your co-op or placement office first, then share this with employers you'd like to work for. It makes you easier to say yes to.
Questions about the program: [email protected]
Funded by the Government of Canada. Delivered by Magnet at Toronto Metropolitan University.