I did software coop at UBC, and I can say without a doubt that the coop model is purely an invention of a highly conservative business culture. For those with the skills and the desire, I say skip it. The loss of community with the rest of your class is huge, and the extra time is not worth the money compared to a real post-graduation career.
Additionally, most post-college hiring here in the Bay Area, and elsewhere, is focused on your inherent personal skills, and not on some aspect of "I've done it before". In other words, a coop buys you not much on your first hire out of school, and little post that.
Now this is all bracketed as a computer science coop. If you are seeking to do civil engineering in Canada, by all means stick with coop. Canadian companies are extremely conservative and (typically) won't hire you for what you can do, but what you DID do.
Additionally, most post-college hiring here in the Bay Area, and elsewhere, is focused on your inherent personal skills, and not on some aspect of "I've done it before". In other words, a coop buys you not much on your first hire out of school, and little post that.
Now this is all bracketed as a computer science coop. If you are seeking to do civil engineering in Canada, by all means stick with coop. Canadian companies are extremely conservative and (typically) won't hire you for what you can do, but what you DID do.