Crédits d'impôt pour l'expérience de travail rémunéré ### 📋 Eligible Entities - Private for-profit corporations (any size) - Self-employed individuals and sole proprietors - Partnerships (including general and limited partnerships) - Not-for-profit organizations and charities - Social enterprises - Organizations must be registered for tax purposes in Canada and have a valid business number (BN) ### 💰 Funding Details - Tax Credit Rate: 15% to 25% of eligible wages paid to participating students - Maximum Credit per Student: $5,000 per eligible intern/student per taxation year - Credit Nature: Non-repayable tax credit applied against federal or provincial tax liability - Timing: Credits claimed through corporate tax return or personal tax return (depending on entity type) - No Matching Required: This is a government subsidy with no employer cost-matching component ### 🛠️ Approved Expenses - Wages and Salaries: Direct remuneration paid to eligible secondary and postsecondary students during employment - Training-Related Wages: Compensation for time spent in structured workplace training and mentoring - Employment Income: All taxable employment compensation provided to student participants - Note: Wages must be reasonable, market-competitive, and documented with employment records ### ⚠️ Conditions & Milestones - Student Eligibility: Participants must be enrolled as students at secondary or postsecondary institutions (colleges, universities) - Employment Documentation: Employers must maintain records proving student status, hours worked, and wages paid - Wage Requirements: Positions must offer genuine paid work experience and training (not unpaid internships) - Claim Timing: Tax credits claimed annually through corporate or personal tax filings - Provincial Variations: Program may have different parameters by province; verify specific provincial rules - Record Retention: Keep all employment records and proof of student enrollment for minimum 6 years for CRA verification