double exposure image of financial graph and virtual human 3dillustration on business technology
Funding for the week of Jun.17 under Canadian federal and provincial grants and business incentive programs reached $1.057B, up from $424.1M during the previous week.
Top Sector. The Academic and Research sector ranked first, attracting $868.8M, 82% of total incentives.
Top Region. QC is the top province this week, securing $602M and accounting for 56% of total national disbursements.
Top Recipients in Ontario.
- The Aerospace Industries Association of Canada received $49M for a new aerospace innovation ecosystem.
- The University of Toronto received $33.3M for research from the Canada Foundation for Innovation.