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Grant and contribution program

Contributions under the Regional Economic Growth through Innovation

Economic Development Agency of Canada for the Regions of Quebec · Northern and regional development

In fiscal year 2024–25, Economic Development Agency of Canada for the Regions of Quebec paid out $179 million under Contributions under the Regional Economic Growth through Innovation, down from $289 million in 2023–24. That is $5.96 per tax filer.

Headline figures

Fiscal year 2024–25

$179M

Down $110M from $289M in 2023–24.

$5.96per tax filer$4.34per 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.

Contributions under the Regional Economic Growth through Innovation, by fiscal year. Latest year highlighted.
Show these figures as a table
Contributions under the Regional Economic Growth through Innovation, by fiscal year
Fiscal yearSpending
2023–24$289M
2024–25$179M

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.

Largest recipients of Contributions under the Regional Economic Growth through Innovation, 2024–25
RecipientLocationPaidPer tax filer
Payments under $100,000 (230)Location not stated$11.5M$0.38
Institut national d'optique (INO)Québec, Quebec$11.4M$0.38
Duravit Canada IncMatane, Quebec$10.0M$0.33
Collège d'enseignement général et professionnel de Sept-IlesSept-Îles, Quebec$4.7M$0.16
École de technologie supérieureMontréal, Quebec$4.4M$0.15
Zone D'innovation Sherbrooke - DistriQSherbrooke, Quebec$4.3M$0.14
6482066 Canada Inc - PCP AluminiumSaguenay, Quebec$2.5M$0.08
Cusimer (1991) IncSaint-Maxime-du-Mont-Louis, Quebec$1.9M$0.06
Bonneville et Fils IncRivière-du-Loup, Quebec$1.7M$0.06
Evol FinancementQuébec, Quebec$1.6M$0.06

Source and basis

← All northern and regional development spendingHow the figures are calculated