Skip to main content

This table is a ranking of the top 50 Canadian organizations that received government funding in 2016 sorted by total amount received.

The full list of 500 companies is available for purchase.

Top 50 Report on Business - The Funding Portal

RankCompany name$ AmountDate of fundingIndustry sectorFunding Program or TypePurpose for funding
1FCA Canada Inc. (Chrysler)85,800,0006/15/2016ManufacturingJobs and Prosperity FundInnovation
2AE Côte-Nord Canada Bioenergy Inc.76,500,0007/13/2016CleantechSD Tech Fund; Investments in Forest Industry Transformation; Investissement QuébecInnovation
3Enerkem Alberta Biofuels LP67,100,0003/4/2016CleantechSD Tech Fund; Western Innovation InitiativeInnovation
4Bombardier Inc.54,150,00010/11/2016ManufacturingTechnology Demonstration Program; Industry-Academic R&D CollaborationInnovation
5MDA Systems Ltd.54,000,0003/31/2016TelecomContributionTechnology Demonstration
6Tata Steel Minerals Ltd.50,000,00011/1/2016Mining and Natural ResourcesLoanGrowth
6IAMGOLD Corporation50,000,0006/23/2016Mining and Natural ResourcesLoanGrowth
8Calfrac Well Services46,400,0009/26/2016EnergyHeritage FundInnovation
9TransAlta Renewables45,900,0009/26/2016CleantechHeritage FundGrowth
10C.T.M.A. Traversier Ltée43,179,2215/5/2016TransportationContributionOperations
11Produits Kruger39,500,0007/25/2016ManufacturingLoanGrowth, Export
12Sonaca Montréal Inc.23,250,0007/11/2016ManufacturingLoan; Quebec Economic Development Program; NRC-IRAPEquipment
13Nemaska Lithium Inc.16,220,0004/5/2016Mining and Natural ResourcesTechnoclimat; SD Tech Fund; NRC-IRAPInnovation
14Fruit D'or inc.15,654,2502/12/2016AgricultureAgriInnovation; Loan; NRC-IRAPInnovation
15Hanwha L&C Canada Inc.15,000,0009/26/2016ManufacturingInvesting in Business Growth and ProductivityInnovation
16AP&C Revêtements et poudres avancées (AP&C)13,753,0007/15/2016ManufacturingQuebec Economic Development Program; Loan; NRC-IRAPInnovation
17Vitalus Nutrition Inc.13,500,0003/30/2016AgricultureAgriInnovation; Western Innovation InitiativeInnovation
18Nsolv Corporation13,000,0003/18/2016CleantechSD Tech FundInnovation
19General Fusion Inc.12,748,5603/18/2016CleantechSD Tech FundInnovation
20ArcelorMittal Tailored Blanks Americas Ltd.12,726,7603/23/2016ManufacturingAdvanced Manufacturing Fund (AMF)Innovation
21Xplornet Communications Inc.12,547,5808/31/2016TelecomContributionEquipment
22Acadian Wild Blueberry Co12,000,00010/17/2016AgricultureLoanGrowth
23Bay Ferries Limited11,434,73207/03/2016TransportationContributionOperations
24TM410,928,9001/20/2016CleantechLoan/Contribution; NRC-IRAPInnovation
25Comet Biorefining Inc.10,890,0003/18/2016CleantechSD Tech FundInnovation
26Parrish & Heimbecker Limited10,000,0003/31/2016AgricultureAgriInnovationInnovation
26SBI BioEnergy Inc.10,000,0003/15/2016CleantechMethane ChallengeInnovation
28Nexolia BioÉnergie9,825,0006/27/2016CleantechLoanGrowth
29Pravala Networks Inc. and Pravala Inc.9,742,5003/31/2016TelecomContributionInnovation
30Produits Forestiers Arbec8,700,0006/6/2016ManufacturingLoanEquipment
31Eeyou Communications Network8,316,4909/20/2016TelecomContributionInnovation
32Mecaer Amérique8,000,0007/11/2016ManufacturingLoanInnovation
33Integrity Tool & Mold Inc7,999,8385/12/2016ManufacturingSouthwestern Ontario Development Fund (SWODF)Growth
34Manitoba NetSet Ltd.7,999,6842/10/2016TelecomContributionInnovation
35Saltworks Technologies Inc.7,933,50011/2/2016CleantechWestern Innovation Initiative; SD Tech Fund; NRC-IRAPInnovation
36TUGLIQ ENERGY CO.7,800,0005/8/2016EnergyContributionEquipment
37CO2 SOLUTIONS INC.7,747,0003/16/2016CleantechContribution and SD Tech FundInnovation
38Loop Energy Inc.7,650,0003/18/2016CleantechSD Tech Fund; NRC-IRAPInnovation
39Raufoss Canada7,000,0007/22/2016ManufacturingLoanEquipment
40Elevation Pictures Corp.6,239,0102/19/2016ArtsGrantOperations
41Aeponyx Inc.6,107,5639/26/2016CleantechSD Tech FundInnovation
41Farmers Edge Inc.6,107,5639/26/2016CleantechSD Tech FundInnovation
43Pine Cliff Energy6,100,0009/26/2016EnergyHeritage FundGrowth
44Mines de fer Champion limitée6,000,0004/12/2016Mining and Natural ResourcesLoanGrowth
44Northern Harvest Sea Farms Inc6,000,00012/5/2016AgricultureGrantGrowth
46Terrestrial Energy Inc.5,739,1673/18/2016CleantechSD Tech FundInnovation
47RAB Energy Group Inc.5,600,0003/23/2016ManufacturingContributionOperations
48Opus One Solutions Energy Corporation5,422,5009/26/2016CleantechSD Tech Fund; NRC-IRAPInnovation
49Commstream Gigalinks Inc.5,016,00011/14/2016TelecomContributionInnovation
50Technologies Orbite inc.5,000,0006/6/2016Mining and Natural ResourcesLoanOperations

© 2017 The Globe and Mail Inc. and The Funding Portal Inc. All rights reserved.
www.thefundingportal.com and www.globeandmail.com
Reproduction or distribution is prohibited without express permission of The Globe and Mail Inc. and The Funding Portal Inc.
The information contained in this spreadsheet are from sources that were assumed to be accurate at the time of production

Report an error Editorial code of conduct
Comments

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • All comments will be reviewed by one or more moderators before being posted to the site. This should only take a few moments.
  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed. Commenters who repeatedly violate community guidelines may be suspended, causing them to temporarily lose their ability to engage with comments.

Read our community guidelines here

Discussion loading ...

Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.