Tax Credit and Subsidy Programs
Tax Credit for an On-the-Job Training Period
Companies can take advantage of financial assistance in the form of a tax credit (up to $168 per week*) for on-the-job training periods.
Amount of Tax Credit
The tax credit may be increased in the following situations:
- If the co-op student has immigrant or disabled status;
- If the company is in the third consecutive taxation year for which it is eligible for a tax credit for a co-op student;
- If the co-op work term is carried out in a resource region.
Consult the Revenu Québec website for more detailed information.
*This amount has been increased since the last provincial budget for work terms starting on or after March 31, 2021, until May 1, 2022.
How to Proceed
A few weeks after the end of the co-op work term, ÉTS will send the required documents to employers, who must complete them and send them to the Ministère du Revenu du Québec.
1% Training Initiatives
A percentage (%) of expenses incurred in the hiring of a co-op student may be invested towards the Workforce Skills Development and Recognition Act (1% training initiatives).
Wage Subsidies for Students in STEM*
The Student Work Placement program allows post-secondary students in science, technology, engineering and math (STEM) programs to acquire paid work experience related to their field of study.
Visit the Employment and Social Development Canada website for more information concerning this program.
New initiative for Quebec only: see this page (in French) for more information.
*subject to the availability of funding. Wage subsidies are managed by third-party organizations. In doing so, the role of ÉTS is limited to informing you, and under no circumstances can ÉTS be held responsible for whether or not wage subsidies are awarded.
Mitacs Accelerate Program
Visit the Mitacs website for more information concerning this program.