Overview of announced projects
The Strategic Innovation Fund (SIF) aims to attract and support high-quality business investments in Canada's most dynamic and innovative sectors. This fund supports innovative business activities such as R&D projects, firm expansion, attraction of large-scale investments to Canada and collaborative technology demonstration projects. See list of announced projects.
The breakdown of the 76 projects and $2.7B in SIF contributions is as follows:
70 projects
Business Innovation and Growth
(Streams 1-3)
- R&D and commercialization
- Firm expansion and growth
- Investment attraction and reinvestment
Current as of February 9, 2021
$2.4B
in SIF contributions
$44.2B
total investment leveraged
68K+
jobs expected to be created and maintained
(not including indirect, induced, and construction jobs)
Current as of February 9, 2021
10K+
commitments obtained for co-op opportunities
$9.4B
secured in R&D commitments
35 SMEs
27 Canadian-owned firms to achieve scale and commercial success
8 subsidiaries to innovate, invest, and create jobs in Canada
Current as of February 9, 2021
6 successful applicants
Collaborations and Networks
(Streams 4 & 5)
- Industrial research, development and technology demonstration
- National ecosystems
$327M
in SIF contributions
$832M
total investment leveraged
Current as of December 21, 2020
Open to all regions across Canada
ON
$1,023M
$1,023M
QC
$624M
$624M
AB
$285M
$285M
BC
$621M
$621M
SK
$29M
$29M
NB
$29M
$29M
NS
$39M
$39M
MB
$30M
$30M
PE
$13M
$13M
NL
$6M
$6M
Note: Funding for Stream 4 (Collaborative technology development and demonstration) and Stream 5 (National ecosystems) is allocated to the home province(s) of the lead recipient(s); however, these networks are national in scope and will support network members from across Canada.
Current as of February 9, 2021
Open to all sectors
SIF projects drive innovation across all six Economic Strategy Tables
Primary Economic Strategy Table Primary Economic Strategy Table Secondary Economic Strategy Table Secondary Economic Strategy Table
| Name(s) | Advanced Manufacturing | Agri-Food | Resources of the Future | Health & Biosciences | Clean Technology | Digital Industries |
|---|---|---|---|---|---|---|
| AbCellera Biologics Inc. | - | - | - | Primary Economic Strategy Table | - | - |
| Abraham Innovation Systems Inc. | Primary Economic Strategy Table | - | - | - | - | Secondary Economic Strategy Table |
| Advantech Satellite Networks (now Spacebridge) | - | - | - | - | - | Primary Economic Strategy Table |
| Aerospace Innovation and Research Network (AIR) – (Aerospace Industries Association of Canada) | Primary Economic Strategy Table | - | - | - | - | Secondary Economic Strategy Table |
| AGS Automotive Systems | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| Alcoa Lauralco Management Company | Primary Economic Strategy Table | - | - | - | - | - |
| Algoma Steel | Primary Economic Strategy Table | - | - | - | - | - |
| Algoma Tubes Inc. and Prudential Steel Ltd. (Tenaris) | Primary Economic Strategy Table | - | - | - | - | - |
| Aluminerie Alouette Inc. | Primary Economic Strategy Table | - | Secondary Economic Strategy Table | - | Secondary Economic Strategy Table | Secondary Economic Strategy Table |
| ArcelorMittal Canada Inc. | added on August 7 | - | - | - | Secondary Economic Strategy Table | - |
| ArcelorMittal Canada Inc. | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| Arch Biopartners Inc. | - | - | - | Primary Economic Strategy Table | - | - |
| Attabotics Inc. | Primary Economic Strategy Table | - | - | - | - | Secondary Economic Strategy Table |
| Bell Helicopter Textron Canada Ltd and partners | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | Secondary Economic Strategy Table |
| BioVectra | Secondary Economic Strategy Table | - | - | Primary Economic Strategy Table | - | - |
| BlackBerry QNX | - | - | - | - | - | Primary Economic Strategy Table |
| Blue Solutions Canada Inc. | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| Bluedrop Performance Learning Inc. | - | - | - | - | - | Primary Economic Strategy Table |
| Burloak Technologies | Primary Economic Strategy Table | - | - | - | - | Secondary Economic Strategy Table |
| CAE Inc. | Secondary Economic Strategy Table | - | - | - | - | Primary Economic Strategy Table |
| Canada Kuwait Petrochemical Corp. | - | - | Primary Economic Strategy Table | - | Secondary Economic Strategy Table | - |
| Canadian Agri-Food Automation and Intelligence Network (CAAIN) | - | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table |
| Canadian Food Innovators Network (CFIN) | - | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table |
| Carbon Engineering Ltd. | - | - | Primary Economic Strategy Table | - | Secondary Economic Strategy Table | - |
| CBN Nano Technologies Inc. and Canadian Bank Note Company, Limited | Primary Economic Strategy Table | - | - | - | - | - |
| Clean Resource Innovation Network | - | - | Secondary Economic Strategy Table | - | Primary Economic Strategy Table | - |
| Cognitive Systems Corp. | - | - | - | - | - | Primary Economic Strategy Table |
| Coulson Aircrane Ltd. | Primary Economic Strategy Table | - | - | - | - | - |
| Creative Destruction Lab | - | - | - | - | - | Primary Economic Strategy Table |
| Digital Health and Discovery Platform (DHDP) - Terry Fox Research Institute / Imagia | - | - | - | Primary Economic Strategy Table | - | Secondary Economic Strategy Table |
| Domtar Inc. | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| Edesa Biotech Research, Inc. | - | - | - | Primary Economic Strategy Table | - | - |
| Elysis Limited Partnership | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| EVRAZ | Primary Economic Strategy Table | - | Secondary Economic Strategy Table | - | - | - |
| exactEarth | - | - | - | - | - | Primary Economic Strategy Table |
| General Fusion | - | - | - | - | Primary Economic Strategy Table | Secondary Economic Strategy Table |
| Gerdau Ameristeel Corporation | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| Heico Canada Holding Company | Primary Economic Strategy Table | - | - | - | - | - |
| High Q | - | - | - | Primary Economic Strategy Table | - | Secondary Economic Strategy Table |
| Industry Consortium for Image Guided Therapy (ICIGT) -Sunnybrook Research Institute | - | - | - | Primary Economic Strategy Table | - | Secondary Economic Strategy Table |
| Innovation ENCQOR | - | - | - | - | - | Primary Economic Strategy Table |
| Inter Pipeline | Secondary Economic Strategy Table | - | Primary Economic Strategy Table | - | Secondary Economic Strategy Table | - |
| ISARACorporation | - | - | - | - | - | Primary Economic Strategy Table |
| JP Bowman Ltd. | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| Kruger Inc. | Secondary Economic Strategy Table | - | Primary Economic Strategy Table | - | Secondary Economic Strategy Table | - |
| Lakeside Plastics Ltd. | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| Linamar Corporation | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| LNG Canada Development Inc. | Primary Economic Strategy Table | - | Secondary Economic Strategy Table | - | Secondary Economic Strategy Table | - |
| Marwood Metal Fabrication Ltd. | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| Mastercard Technologies Canada ULC | - | - | - | - | - | Primary Economic Strategy Table |
| Medicago Inc. | - | - | -- | Primary Economic Strategy Table | - | - |
| Maple Leaf Foods Inc. | Secondary Economic Strategy Table | Primary Economic Strategy Table | - | - | - | - |
| Meridian Lightweight Technologies Inc. | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| MindBridge Analytics Inc. | - | - | - | - | - | Primary Economic Strategy Table |
| Nokia | - | - | - | - | - | Primary Economic Strategy Table |
| Northstar | - | Secondary Economic Strategy Table | - | - | - | Primary Economic Strategy Table |
| NOVA Chemicals | Secondary Economic Strategy Table | - | Primary Economic Strategy Table | - | Secondary Economic Strategy Table | - |
| Nova Steel Inc. | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | Secondary Economic Strategy Table |
| Nova Tube Inc. | Primary Economic Strategy Table | - | - | - | - | - |
| Origin Materials Canada Holding Ltd. | - | - | - | - | Primary Economic Strategy Table | - |
| Precision NanoSystems Inc. | - | - | - | Primary Economic Strategy Table | - | - |
| Precision NanoSystems Inc. | - | - | - | Primary Economic Strategy Table | - | - |
| Ranovus | Secondary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | Primary Economic Strategy Table |
| Rockport Networks Inc. | - | - | - | - | Primary Economic Strategy Table | Secondary Economic Strategy Table |
| Sciemetric Instruments Inc. | Secondary Economic Strategy Table | - | - | - | - | Primary Economic Strategy Table |
| Siemens Canada | Primary Economic Strategy Table | - | Secondary Economic Strategy Table | - | Secondary Economic Strategy Table | Secondary Economic Strategy Table |
| Stelco Inc. | Primary Economic Strategy Table | - | - | - | - | - |
| STEMCELL Technologies | Secondary Economic Strategy Table | - | - | - | - | - |
| SWITCH Materials Inc. | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| Synergx Technologies Inc. | Primary Economic Strategy Table | - | - | - | - | Secondary Economic Strategy Table |
| Tekna Plasma Systems | Primary Economic Strategy Table | - | Secondary Economic Strategy Table | - | - | - |
| Telesat Canada | - | - | - | - | - | Primary Economic Strategy Table |
| Terrestrial Energy Inc. | - | - | Secondary Economic Strategy Table | - | Primary Economic Strategy Table | - |
| Toyota Motor Manufacturing Canada | Primary Economic Strategy Table | - | - | - | Secondary Economic Strategy Table | - |
| Variation Biotechnologies Inc. | - | - | - | Primary Economic Strategy Table | - | - |
| Woodbridge Foam Corporation | Primary Economic Strategy Table | - | - | - | - | - |
Current as of February 9, 2021
- Date modified: