Grant and contribution program
Contributions under the Regional Economic Growth through Innovation program
Pacific Economic Development Agency of Canada · Northern and regional development
Headline figures
Fiscal year 2024–25
$75.9M
Down $31.5M from $107M in 2023–24.
$2.53per tax filer$1.85per person
Per tax filer uses 29,965,100 tax filers (2023, the latest count published); per person uses a population of 41,162,593 (2024). An allocation of cost, not a tax bill.
Largest recipients
The largest named recipients of payments reported under this program in 2024–25. Location is the recipient's address, which is not always where the money is spent. Recipient payments can differ slightly from the program total above because the Public Accounts report them separately.
| Recipient | Location | Paid | Per tax filer |
|---|---|---|---|
| Innovate B C | Vancouver, British Columbia | $7.1M | $0.24 |
| Simon Fraser University | Burnaby, British Columbia | $7.1M | $0.24 |
| adMare BioInnovations | Vancouver, British Columbia | $6.0M | $0.20 |
| Konscious Foods Canada Inc | Richmond, British Columbia | $2.6M | $0.09 |
| Garibaldi Glass Industries Inc | Burnaby, British Columbia | $2.5M | $0.08 |
| Foresight Cleantech Accelerator Centre | Port Coquitlam, British Columbia | $2.3M | $0.08 |
| British Columbia Institute of Technology | Burnaby, British Columbia | $2.2M | $0.07 |
| Poseidon Ocean Systems Ltd | Campbell River, British Columbia | $2.1M | $0.07 |
| Augurex Life Sciences Corp | Vancouver, British Columbia | $2.0M | $0.07 |
| Moment Energy Inc | Coquitlam, British Columbia | $2.0M | $0.07 |
Source and basis
- Detailed information on Transfer Payments, as per the Public Accounts of Canada, retrieved 2026-11-03. Open Government Licence - Canada.
- Recipients: Detailed information on Transfer Payments, as per the Public Accounts of Canada.
- Net expenditures of this transfer payment program in the Public Accounts. It overlaps with program spending, so do not add the two.