PacifiCan: British Columbia’s New Government Funding Agency
The Pacific Economic Development Canada (PacifiCan) is a new funding agency for B.C. that will award $553.1 million over five years (2021 – 2026).
FedNor Becomes An Independent Agency
FedNor, is officially a standalone agency as of August 10, 2021. Northern Ontario reveres this transition as a win for local businesses.
Emissions Reduction Fund Onshore Program: January 2022 Extension
The Emissions Reduction Fund – Onshore Program provides up to $50M in funding towards projects that reduce or eliminate greenhouse gas emissions in the oil and gas industry.
How Government Grants Are Impacted by the 2021 Canadian Federal Election
We look at the possible outcomes of the 2021 snap election to see what could happen to government funding programs for Canadian businesses.
Client Spotlight: Alps Welding Ltd. Receives Multiple Funding Wins with Mentor Works
Canada’s Alps Welding Ltd. has worked with Mentor Works since 2012 to receive multiple funding wins totalling close to $2M.
Invest Ontario – A New Provincial Funding Agency
The Ontario 2021 Budget allocated $400M towards the creation of a new funding agency called Invest Ontario which will provide business grant, loans, and funds.
Ontario 2021 Budget – New COVID-19 Business Support Funding
The Ontario provincial government has created its 2021 Budget, with $23.3B in spending towards COVID-19 business support and new grants, wage subsidies, and no-interest loans available.
Growing Northern Ontario Businesses – $800k Rural Economic Development Program (RED) Investment
Sixteen northern Ontario projects will create new skilled jobs and retain workers in local communities thanks to the $800K investment from the Rural Economic Development (RED) program.
Highly Affected Sectors Credit Availability Program: COVID-19 Support Loans
Administered through BDC, the Highly Affected Sectors Credit Availability Program (HASCAP) supports Canadian businesses that have been hit hard by the impacts of the COVID-19 pandemic.
New Intake in Response to COVID-19: SWODF/EODF Funding Streams
The Southwestern and Eastern Ontario Development Funds offer up to $5M to support businesses undertaking economic development initiatives.