To my best knowledge, you can expect to earn about $10000 druing the 4-months work term.
Besides, you can apply for Loan and Busary.
Placement is OK. All the graduates have found jobs. (The MMM coordinator told me this in phone). The min. starting salary so far is about $50000 annually.
Interviews are required before admission to this program. I was unexpectedly interviewed through phone talk for two times.