Funding for the week of May 6 under Canadian federal and provincial grants and business incentive programs reached $3.66B, up from $234.7M during the previous week.
Top Sector. The transportation sector ranked first, attracting $2.91B, 80% of total incentives.
Top Region. Alberta is the top province this week, securing $1.57B and accounting for 43% of total national disbursements.
Top Recipients in Ontario.
- The Toronto Transit System receives $375M in federal funding to renew its bus fleet.
- The City of Toronto gets $45M in federal funding to dress temporary housing shortages.
- Envoy Energy Fuels Inc. in Fort Erie attracts $1M from the federal Electric Vehicle and Alternative Fuel Infrastructure Deployment Initiative to develop a fast-charging network for electric vehicles.
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