SIF Stream 2 - Growth
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 $79,000,000 or less.
- The largest recipient, ArcelorMittal Mining Canada G.P., holds $125,000,000 (33% of the program's business funding in this data).
- The most recent agreement in the data started on 2026-03-31.
By fiscal year
By recipient province
Largest recipients
| Recipient | Agreements | Value | Latest start |
|---|---|---|---|
| ArcelorMittal Mining Canada G.P. | 1 | $125,000,000 | 2026-03-30 |
| Resilience Biotechnologies Inc. | 1 | $93,848,000 | 2021-05-17 |
| Aspect Biosystems Ltd. | 1 | $79,000,000 | 2026-01-09 |
| Providence Health Care Society | 1 | $47,962,000 | 2026-02-12 |
| Electra Battery Materials Corporation | 1 | $20,000,000 | 2026-03-31 |
| Hanon Systems EFP Canada Ltd. | 1 | $10,000,000 | 2026-02-24 |
Recent agreements
| Start | Recipient | Project | Province | Value |
|---|---|---|---|---|
| 2026-03-31 | Electra Battery Materials Corporation | 820201 | ON | $20,000,000 |
| 2026-03-30 | ArcelorMittal Mining Canada G.P. | 514876 | QC | $125,000,000 |
| 2026-02-24 | Hanon Systems EFP Canada Ltd. | 819855 | ON | $10,000,000 |
| 2026-02-12 | Providence Health Care Society | 820041 | BC | $47,962,000 |
| 2026-01-09 | Aspect Biosystems Ltd. | 820313 | BC | $79,000,000 |
| 2021-05-17 | Resilience Biotechnologies Inc. | 816022 | ON | $93,848,000 |
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