Yep… at the University of Toronto, we have this thing called the “Professional Experience Year” where employers can hire students for either 12 or 16 months.
It’s different from a traditional semester or 2-semester long co-op/internship because it allows employers to get the students to work on an actual long-term project.
The whole reason why U of T started this was because most co-op employers said it took them 2 months to train the student and by working only 4 - 6 months after training, the projects were often left incomplete… or the experience was not as useful as it could be for both the student and the organization.