Tag : Strategic Innovation Fund (SIF)

Canadian Fall Economic Update: Impact on Business Incentives

Canada’s recently-released Fall Economic Update offers many provisions that directly support business competitiveness and make it easier to invest. Most beneficial to manufacturers is the announcement that the full cost of machinery and equipment can be written off immediately. Businesses outside of the manufacturing industry will also benefit from a

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Strategic Innovation Fund: $7.2 Million for exactEarth

exactEarth is a Satellite Automatic Identification Systems (S-AIS) technology developer that collects and transmits global maritime vessel data. Since 2009, the Cambridge, Ontario-based company has been a top innovator of AIS vessel tracking systems and now captures significantly more data than any other space-based AIS system. With global customers ranging

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Strategic Innovation Fund: $50M for Steel and Aluminium Industry

The government of Canada has recently awarded Hamilton steel and aluminum producer ArcelorMittal Dofasco with Canadian government funding. Financial support from the government will help the company retain over 6,000 jobs, modernize its facilities to enhance productivity and reduce environmental impact, and sustain its competitiveness and long-term prosperity with global

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How to Embrace USMCA with Canadian Government Funding

The United States-Mexico-Canada Agreement (USMCA) offers many opportunities as well as some challenges for Canadian businesses. If ratified, the new agreement-in-principle will take effect on January 1, 2020 and significantly impact supply chain management, predominantly in the dairy, poultry, and automotive sectors. While there are many businesses across Canada that

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Strategic Innovation Fund: Research Consortiums and Networks Stream

The Strategic Innovation Fund (SIF) is a Canadian government funding program that supports industrial research and development projects. Through the program, Canadian innovators can accelerate technology transfer and commercialization of innovative products, processes, and services. There are multiple streams of the program, including several directed exclusively towards businesses; however, one

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