Magnet Student Work Placement Program (SWPP)
Administrator: Magnet
Source of Funds: Federal Government, Canada
No DeadlineAbout
The Magnet Student Work Placement Program (SWPP) is a wage subsidy funded by the Government of Canada. It helps Canadian private-sector and not-for-profit employers hire domestic post-secondary students for paid co-op, internship, field placement or applied project roles linked to their studies. Employers pay the full wages, and the subsidy is paid after the placement ends and documents are submitted. The Fall 2026 intake is open for placements between September 1 and December 31, 2026.
All of Canada | Grants and Non-Repayable Contributions | Government Grants and Subsidies
Funding Limits
Eligible Expenditures
- Max per job $5,000
- Max 50.0% of Employee Salary
- Salaries
- Application Fee: None
Contact Information
Guidelines and Forms
Keywords: Wage Subsidy, Job Retention, Workforce Development, Job Creation, Human Resources, Hiring, SWPP, Internship Program, Students
Last Modified: October 12, 2026