SIF Stream 3 - 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.

Agreements with businesses
2
Median agreement
$131,594,000
Range
$70,000,000 – $131,594,000
Recipients
2
Last 12 months
1
Total value
$201,594,000

What the numbers say

  • Half of the agreements with businesses are worth $131,594,000 or less.
  • The largest recipient, Honda Canada Inc., holds $131,594,000 (65% of the program's business funding in this data).
  • The most recent agreement in the data started on 2026-03-30.

By fiscal year

2021-22$131,594,0001
2025-26$70,000,0001

By recipient province

ON$131,594,0001
QC$70,000,0001

Largest recipients

RecipientAgreementsValueLatest start
Honda Canada Inc.1$131,594,0002022-03-28
Volta Energy Solutions Canada Inc.1$70,000,0002026-03-30

Recent agreements

StartRecipientProjectProvinceValue
2026-03-30Volta Energy Solutions Canada Inc.819815QC$70,000,000
2022-03-28Honda Canada Inc.815750ON$131,594,000

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