Grant and contribution program
Contributions under the Regional Economic Growth through Innovation program
Federal Economic Development Agency for Southern Ontario · Northern and regional development
In fiscal year 2024–25, Federal Economic Development Agency for Southern Ontario paid out $164 million under Contributions under the Regional Economic Growth through Innovation program, down from $311 million in 2023–24. That is $5.46 per tax filer.
Headline figures
Fiscal year 2024–25
$164M
Down $148M from $311M in 2023–24.
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.
Show these figures as a table
| Fiscal year | Spending |
|---|---|
| 2023–24 | $311M |
| 2024–25 | $164M |
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 |
|---|---|---|---|
| Mars Discovery District | Toronto, Ontario | $4.7M | $0.16 |
| Can Art Aluminum Extrusion Canada Inc | Brampton, Ontario | $4.4M | $0.15 |
| Invest Ottawa | Ottawa, Ontario | $3.8M | $0.13 |
| University of Waterloo | Waterloo, Ontario | $3.8M | $0.13 |
| Ranovus Inc | Kanata, Ontario | $3.7M | $0.12 |
| Tempel Canada Company | Burlington, Ontario | $3.5M | $0.12 |
| Communitech Technology Association Inc | Kitchener, Ontario | $3.5M | $0.12 |
| Waterloo Accelerator Centre | Waterloo, Ontario | $3.1M | $0.10 |
| Kinectrics Inc | Etobicoke, Ontario | $3.0M | $0.10 |
| Andriani Ltd | Etobicoke, Ontario | $2.9M | $0.10 |
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.
← All northern and regional development spendingHow the figures are calculated