SIF Stream3- Attraction
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 $147,692,000 or less.
- The largest recipient, 1000511515 Ontario Inc., holds $700,000,000 (19% of the program's business funding in this data).
- The most recent agreement in the data started on 2025-03-21.
By fiscal year
By recipient province
Largest recipients
| Recipient | Agreements | Value | Latest start |
|---|---|---|---|
| 1000511515 Ontario Inc. | 1 | $700,000,000 | 2023-04-01 |
| Umicore Canada Inc. | 1 | $551,349,400 | 2022-07-04 |
| NextStar Energy Inc. | 1 | $500,000,000 | 2022-09-30 |
| Dow Chemical Canada ULC | 1 | $400,000,000 | 2024-10-23 |
| Ford Motor Company of Canada, Limited | 1 | $295,000,000 | 2023-07-01 |
| AbCellera Biologics Inc. | 1 | $225,000,000 | 2022-03-18 |
| Rio Tinto Fer et Titane Inc. (RTFT) | 1 | $222,000,000 | 2021-12-17 |
| IBM Canada Limited - IBM Canada Ltée | 1 | $210,000,000 | 2025-03-21 |
| Ultium CAM Limited Partnership | 1 | $147,692,000 | 2022-07-01 |
| BHP Canada Inc. | 1 | $100,000,000 | 2022-01-14 |
| Ericsson Canada Inc. | 1 | $79,100,000 | 2024-10-02 |
| The Lion Electric Company | 1 | $49,950,000 | 2021-08-19 |
| Heidelberg Materials Canada Limited | 1 | $49,000,000 | 2024-05-07 |
| Aspect Biosystems Ltd. | 1 | $49,000,000 | 2024-10-04 |
| Nokia Canada Inc. | 1 | $40,000,000 | 2024-04-11 |
Recent agreements
| Start | Recipient | Project | Province | Value |
|---|---|---|---|---|
| 2025-03-21 | IBM Canada Limited - IBM Canada Ltée | Phase 1.5 : Acquisition of Advanced Packaging capabilities | ON | $210,000,000 |
| 2024-10-23 | Dow Chemical Canada ULC | Path 2 Zero Project | AB | $400,000,000 |
| 2024-10-04 | Aspect Biosystems Ltd. | Project Podium: Establish a world-leading biomanufacturing facility & capabilities to advance and produce bioprinted tissue therapeutics in Canada | BC | $49,000,000 |
| 2024-10-02 | Ericsson Canada Inc. | Research & development for Advanced Mobile Networks, Artificial Intelligence and Quantum | ON | $79,100,000 |
| 2024-05-07 | Heidelberg Materials Canada Limited | Pre-development of carbon capture, utilization, and storage (CCUS) technologies project | AB | $49,000,000 |
| 2024-04-11 | Nokia Canada Inc. | Strengthening Canada's Future in Innovation Excellence and Securing Nokia's Global Mandates in Cybersecurity, AI, 5G and Machine Learning | ON | $40,000,000 |
| 2023-07-01 | Ford Motor Company of Canada, Limited | 815949 | ON | $295,000,000 |
| 2023-04-01 | 1000511515 Ontario Inc. | Project Connect | ON | $700,000,000 |
| 2022-10-01 | E-One Moli Energy (Canada)Limited | 815544 | BC | $0 |
| 2022-09-30 | NextStar Energy Inc. | 819553 | ON | $500,000,000 |
| 2022-07-04 | Umicore Canada Inc. | 514586 | ON | $551,349,400 |
| 2022-07-01 | Ultium CAM Limited Partnership | North America CAM production facility | QC | $147,692,000 |
| 2022-03-18 | AbCellera Biologics Inc. | Project Peregrine: Building and Accelerating Antibody Drug Development Capabilities in Canada | BC | $225,000,000 |
| 2022-01-14 | BHP Canada Inc. | 816038 | SK | $100,000,000 |
| 2021-12-17 | Rio Tinto Fer et Titane Inc. (RTFT) | 819662 | QC | $222,000,000 |
| 2021-08-19 | The Lion Electric Company | Project Eclipse | QC | $49,950,000 |
| 2021-04-01 | LM Wind Power Blades (Canada) Inc. | 817321 | QC | $0 |
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