With $101.4 billion in total spending, the new Canadian Federal Budget 2021 promises a strong recovery and growth for all Canadians by overcoming COVID-19, creating a million new jobs, and advancing cleantech innovation to combat climate change.
Administered by the Government of Canada through the Strategic Innovation Fund (SIF), an investment of up to $415 million has been awarded to support Sanofi in building an influenza vaccine biomanufacturing facility in Toronto, Ontario.
The Airports Capital Assistance Program and the Regional Air Transportation Initiative provide funding to Canada’s regional airports for projects that improve safety, protect assets, reduce costs, and support recovery of COVID-19.
FedDev Ontario is investing $3.9M to support the job growth and innovation of two manufacturers, Kumi Canada Corporation and York Metal Products.
Ontario is awarding a total $3 million to Techo-Bloc to establish its first manufacturing facility in Ontario which is expected to create 50 new jobs in the Waterloo Region as the province prepares for recovery following COVID-19.
The Bell Fund has launched three programs which offer grants of up to $250,000 to support the Canadian media production industry in the creation of strong visual programming content.
To help restart safe and social events in Ontario, the Government of Ontario is investing $105M through the OTF Community Building Fund to provide grants for eligible organizations that are focused on arts, culture, tourism, heritage, sport, and recreation.
Through a combination of various government funding programs, Ryan has helped Girotti Machine access over $450,000 in grants and loans for economic growth and innovation.
The Government of Canada and the Government of Ontario have awarded a combined $10M to First Cobalt Corporation for the domestic and ethical production of cobalt sulfate, an essential element used to develop long-range electric vehicles.
