Co-operative Education Tax Credit

Businesses that hire Laurier Co-op students may be eligible to receive a higher tax credit than in the past. The Ontario government’s Co-operative Education Tax Credit (CETC) will reimburse a business for 25 to 30 per cent of eligible costs, up to $3,000 per co-op student, effective for eligible expenditures incurred after March 26, 2009.

You may get more information about the CETC from the Ministry of Revenue at 1 866 668-8297. The CETC is administered by the Canada Revenue Agency, which can be reached at 1 800 959-5525.