REGI-BSP-Regional Defence Investment Initiative (RDII)

Atlantic Canada Opportunities Agency

Program purpose (as reported by the department)

To invest in and support businesses at various stages of development, including high-growth firms to accelerate their growth and assist them in scaling up, enhance their productivity and competitiveness in both domestic and global markets.

Agreements with businesses
24
Median agreement
$783,750
Range
$30,000 – $7,500,000
Recipients
21
Last 12 months
18
Total value
$31,050,976

What the numbers say

  • Half of the agreements with businesses are worth $783,750 or less.
  • The largest recipient, PAL Aerospace Ltd., holds $7,500,000 (24% of the program's business funding in this data).
  • The most recent agreement in the data started on 2026-06-30.

By fiscal year

2025-26$26,261,55418
2026-27$4,789,4226

By recipient province

NL$15,000,0004
NS$8,531,55412
NB$4,719,4226
PE$2,800,0002

Largest recipients

RecipientAgreementsValueLatest start
PAL Aerospace Ltd.1$7,500,0002026-03-03
Solace Power Inc.1$4,000,0002026-01-20
APEX Industries Inc.1$3,200,0002026-05-08
MDS Coating Technologies Corporation1$2,700,0002026-02-11
Virtual Marine Technology Inc.1$2,500,0002026-03-27
Sensor Technology Ltd.1$1,950,0002025-09-30
Rutter Inc.1$1,000,0002026-01-19
Mil-Aero Electronics Atlantic Inc.1$960,0002026-01-31
Mathers Logistics Ltd.1$956,2502025-10-31
Global Spatial Technology Solutions Inc.1$952,5002026-02-04
STELIA Aerospace North America Inc./STELIA Aéronautique Amérique du Nord Inc.1$902,0542026-01-16
Bluedrop Training & Simulation Inc.1$783,7502026-03-24
AML Oceanographic Ltd.1$581,2502025-08-31
Coastline Cordage Group Ltd.1$570,7502026-02-26
Kognitiv Spark Inc.1$570,5752026-04-14

Recent agreements

StartRecipientProjectProvinceValue
2026-06-30CE3 Electronics Inc.228647NB$478,847
2026-06-12Aspin Kemp & Associates Inc.228636PE$100,000
2026-05-13Metaltech Panel Division Ltd.228804NB$340,000
2026-05-08APEX Industries Inc.228637NB$3,200,000
2026-04-21Metaltech Panel Division Ltd.228671NB$100,000
2026-04-14Kognitiv Spark Inc.228535NB$570,575
2026-03-27Virtual Marine Technology Inc.228375NL$2,500,000
2026-03-24Bluedrop Training & Simulation Inc.227851NS$783,750
2026-03-03PAL Aerospace Ltd.228454NL$7,500,000
2026-02-26Coastline Cordage Group Ltd.228521NS$570,750
2026-02-11MDS Coating Technologies Corporation228416PE$2,700,000
2026-02-04Global Spatial Technology Solutions Inc.228322NS$952,500
2026-01-31Mil-Aero Electronics Atlantic Inc.227956NS$960,000
2026-01-20Solace Power Inc.228363NL$4,000,000
2026-01-19Rutter Inc.228203NL$1,000,000
2026-01-16STELIA Aerospace North America Inc./STELIA Aéronautique Amérique du Nord Inc.227555NS$902,054
2026-01-12CE3 Electronics Inc.228274NB$30,000
2025-10-31Mathers Logistics Ltd.227791NS$956,250
2025-10-06L & M Highland Outfitters (1997) Limited227869NS$147,000
2025-10-06L & M Highland Outfitters (1997) Limited227869NS$98,000
2025-09-30GALAXIA Mission Systems Inc.227735NS$285,000
2025-09-30Sensor Technology Ltd.227687NS$1,950,000
2025-08-31AML Oceanographic Ltd.227501NS$581,250
2025-06-30Survival Systems Limited227474NS$345,000

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