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Magnet - Student Work Placement Program

Get a wage subsidy to cover up to 70% of the costs of a work-integrated learning placement, to a maximum of $7,000 per placement, when you hire an eligible post-secondary student.

Grant (non-repayable) Check the official page for current intake dates

Funder
Magnet
Funder profile and all of its programs
Amount
Not stated in the Innovation Canada open data; see the official page.
Where
Canada (federal)
Eligibility
Open to businesses, self-employed people and students. Listed by Innovation Canada as support for businesses across Canada; confirm detailed criteria on the official page.
Sectors
Business and entrepreneurship, Education and training, Student funding and scholarships
Deadline
Varies: check the official page for current dates
Source
Innovation Canada Business Benefits Finder (open.canada.ca, July 2025 release)
Last checked
2 November 2026
Funder contacts
Contact details Unlock full profile / Sign up

Official page ↗

From official open data: official page returned HTTP 200 on 2026-11-02. The summary is from the official listing; the eligibility line is our plain-language reading of its eligibility codes. Confirm details on the official page.

Related grant lists

Business and entrepreneurship Education and training Student funding and scholarships Businesses and entrepreneurs Students Canada Canada (national) Nonprofit or delivery organization

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