SIF Stream2- 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.

Agreements with businesses
29
Median agreement
$44,300,000
Range
$8,000,000 – $450,000,000
Recipients
28
Last 12 months
0
Total value
$2,429,567,350

What the numbers say

  • Half of the agreements with businesses are worth $44,300,000 or less.
  • The largest recipient, ArcelorMittal Dofasco G.P., holds $450,000,000 (19% of the program's business funding in this data).
  • The most recent agreement in the data started on 2025-10-10.

By fiscal year

2021-22$1,094,772,5007
2022-23$129,144,8505
2023-24$124,900,0003
2024-25$1,044,800,00013
2025-26$35,950,0001

By recipient province

ON$1,594,024,85013
AB$326,900,0004
QC$247,770,0006
BC$164,900,0004
NL$49,500,0001
PE$46,472,5001

Largest recipients

RecipientAgreementsValueLatest start
ArcelorMittal Dofasco G.P.1$450,000,0002022-03-15
Air Products Canada LTD1$300,000,0002021-05-01
Cohere Inc.1$240,000,0002025-03-10
Cedar LNG Partners LP1$200,000,0002025-03-11
Algoma Steel Inc.1$200,000,0002021-07-01
Linamar Corporation1$169,400,0002024-08-29
Entos Pharmaceuticals Inc.1$62,000,0002025-02-13
DELPHARM BOUCHERVILLE CANADA INC1$60,000,0002025-02-13
IBM Canada Limited - IBM Canada Ltée2$59,885,0002023-04-03
STEMCELL Technologies Canada Inc.1$49,900,0002025-03-07
Providence Therapeutics Holdings Inc.1$49,900,0002024-05-23
Manikheir Canada Inc.1$49,900,0002023-10-26
Braya Renewable Fuels (Newfoundland) LP1$49,500,0002021-08-02
HTEC Hydrogen Technology & Energy Corporation1$49,000,0002025-03-05
BioVectra Inc1$46,472,5002021-11-01

Recent agreements

StartRecipientProjectProvinceValue
2025-10-10OmniaBio Inc.819843ON$35,950,000
2025-03-12Teledyne Digital Imaging Inc819872ON$8,000,000
2025-03-11Cedar LNG Partners LPCedar LNG Project: Canada’s First Indigenous-Majority-Owned Liquid Natural Gas (LNG) Export OperationAB$200,000,000
2025-03-10Michelin North America (Canada) Inc.Michelin Green MobilityQC$44,300,000
2025-03-10Cohere Inc.Advancing state-of-the-art Enterprise Artificial Intelligence (AI) Models with Compute Infrastructure and Annotator Workforce for Large Language Model (LLM) Training and Deployment.ON$240,000,000
2025-03-07STEMCELL Technologies Canada Inc.Project BedrockBC$49,900,000
2025-03-05HTEC Hydrogen Technology & Energy CorporationHydrogen Liquefier Facility ProjectBC$49,000,000
2025-02-13Entos Pharmaceuticals Inc.Innovation and Biomanufacturing Centre projectAB$62,000,000
2025-02-13DELPHARM BOUCHERVILLE CANADA INCModernize and increase the capacities of the Boucherville site to meet the strong demand for sterile medicine forms on the North American market.QC$60,000,000
2025-01-21McIlvenna Bay Operating LtdMining Industry Transformation: Zero Carbon Critical MineralsBC$41,000,000
2024-08-29Linamar Corporation819534ON$169,400,000
2024-08-08Goodyear Canada Inc.819867ON$44,300,000
2024-07-15Bartek Ingredients Inc.819574ON$27,000,000
2024-05-23Providence Therapeutics Holdings Inc.Enhancing Canadian Innovation in Biomanufacturing and R&D in mRNA MedicinesAB$49,900,000
2023-10-26Manikheir Canada Inc.Canadian Nitrile Gloves Manufacturing FacilityQC$49,900,000
2023-04-03IBM Canada Limited - IBM Canada Ltée819955ON$35,000,000
2023-04-01Hitachi Energy Canada IncNet Zero North America ProgramQC$40,000,000
2023-03-06Vale Canada LimitedNickel Sulphate PlantON$37,050,650
2023-02-04Northern RNA Inc.819504AB$15,000,000
2023-01-04Eurofins CDMO Alphora Inc.CDMO Biologics Development and Manufacturing operationON$22,439,200
2023-01-01IBM Canada Limited - IBM Canada Ltée819513ON$24,885,000
2022-09-08Pharmascience Inc.Candiac Expansion ProjectQC$29,770,000
2022-03-15ArcelorMittal Dofasco G.P.816105ON$450,000,000
2021-11-02Svante Technologies Inc.815765BC$25,000,000
2021-11-01BioVectra IncCanadian Vaccines and Biomanufacturing CenterPE$46,472,500

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