SIF Stream 1- R&D
Innovation, Science and Economic Development Canada
Program purpose (as reported by the department)
Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services; Facilitate the growth and expansion of firms in Canada; Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
What the numbers say
- Half of the agreements with businesses are worth $27,000,000 or less.
- The largest recipient, CAE Inc., holds $173,013,000 (28% of the program's business funding in this data).
- The most recent agreement in the data started on 2024-09-06.
By fiscal year
By recipient province
Largest recipients
| Recipient | Agreements | Value | Latest start |
|---|---|---|---|
| CAE Inc. | 1 | $173,013,000 | 2021-09-17 |
| Pratt & Whitney Canada Corporation | 2 | $72,322,000 | 2024-08-20 |
| Ross Video Limited | 1 | $49,000,000 | 2022-06-10 |
| Biotechnologies Aramis Inc. | 1 | $40,000,000 | 2024-05-03 |
| Xanadu Quantum Technologies Inc. | 1 | $40,000,000 | 2022-06-01 |
| Ranovus Inc. | 1 | $36,000,000 | 2022-06-01 |
| Sanctuary Cognitive Systems Corporation | 1 | $30,000,000 | 2021-09-01 |
| Westinghouse Electric Canada, Inc. | 1 | $27,219,000 | 2021-08-01 |
| E3 Lithium Ltd. | 1 | $27,000,000 | 2021-09-01 |
| Edesa Biotech Research, Inc. | 1 | $23,000,000 | 2022-01-01 |
| Kepler Communications Inc. | 1 | $20,000,000 | 2024-09-04 |
| Giatec Scientific Inc. | 1 | $17,500,000 | 2023-02-01 |
| EXFO Inc. | 1 | $15,900,000 | 2021-07-09 |
| Coveo Solutions Inc. | 1 | $15,170,000 | 2024-09-06 |
| AVL Fuel Cell Canada Inc. | 1 | $15,000,000 | 2022-01-01 |
Recent agreements
| Start | Recipient | Project | Province | Value |
|---|---|---|---|---|
| 2024-09-06 | Coveo Solutions Inc. | Coveo Composable AI Search and Generative Experience Platform. | QC | $15,170,000 |
| 2024-09-04 | Kepler Communications Inc. | 816194 | ON | $20,000,000 |
| 2024-08-20 | Pratt & Whitney Canada Corporation | 819803 | QC | $11,322,000 |
| 2024-05-03 | Biotechnologies Aramis Inc. | 820045 | QC | $40,000,000 |
| 2023-02-01 | Giatec Scientific Inc. | 819661 | ON | $17,500,000 |
| 2022-06-10 | Ross Video Limited | 817382 | ON | $49,000,000 |
| 2022-06-01 | Xanadu Quantum Technologies Inc. | 819555 | ON | $40,000,000 |
| 2022-06-01 | Ranovus Inc. | 816046 | ON | $36,000,000 |
| 2022-01-01 | Edesa Biotech Research, Inc. | 514239 | ON | $23,000,000 |
| 2022-01-01 | AVL Fuel Cell Canada Inc. | 814534 | BC | $15,000,000 |
| 2021-09-17 | CAE Inc. | Project Resilience | QC | $173,013,000 |
| 2021-09-01 | Sanctuary Cognitive Systems Corporation | Building a Robust Workforce Infrastructure with General Machine Intelligence | BC | $30,000,000 |
| 2021-09-01 | E3 Lithium Ltd. | 815934 | AB | $27,000,000 |
| 2021-08-01 | Westinghouse Electric Canada, Inc. | 814495 | ON | $27,219,000 |
| 2021-07-09 | EXFO Inc. | 815011 | QC | $15,900,000 |
| 2021-07-07 | General Dynamics Land Systems-Canada Corporation | Remotely Piloted Aircraft Systems (RPAS) Center of Excellence (COE) | ON | $10,000,000 |
| 2021-05-17 | Pratt & Whitney Canada Corp. | 513663 | QC | $61,000,000 |
Method & sources
Source: Government of Canada "Proactive Disclosure – Grants and Contributions" (Open Government Licence – Canada). We include agreements with for-profit recipients that started on or after April 1, 2021, and keep the latest amendment of each agreement, so values are the current agreement value, not money paid out. Departments report on their own schedule, so the most recent quarter is incomplete. Recipients are linked to company pages by exact name match. This is not an endorsement or an eligibility determination — check each program's official page.
Dataset on open.canada.ca · Search the official grants records