To support the start-up, scale-up and commercialization of Canadian biotechnology and health technology companies in the life sciences sector.
Federal spending by Federal Economic Development Agency for Southern Ontario
5,093 records totalling $5,169,975,387.03 CAD, from official Government of Canada open data.
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Where the money flows
Planned vs. actual spending
What Parliament authorised this organization to spend versus what it actually spent, across all its votes. Source: Public Accounts of Canada (via GC InfoBase). This covers the organization's entire budget, not just the grants and contracts listed below.
| Fiscal year | Authorised | Spent | Used |
|---|---|---|---|
| 2024-2025 | $259,569,723 | $258,595,785 | 99.6% |
| 2023-2024 | $466,929,688 | $462,032,480 | 99.0% |
| 2022-2023 | $705,022,652 | $599,186,696 | 85.0% |
| 2021-2022 | $427,209,389 | $400,115,480 | 93.7% |
| 2020-2021 | $696,529,317 | $692,746,495 | 99.5% |
| 2019-2020 | $267,829,353 | $267,504,408 | 99.9% |
| 2018-2019 | $242,602,943 | $236,705,798 | 97.6% |
| 2017-2018 | $272,864,086 | $250,251,129 | 91.7% |
| 2016-2017 | $257,387,825 | $222,135,612 | 86.3% |
| 2015-2016 | $212,614,734 | $189,797,295 | 89.3% |
Did it deliver? (2024-2025 results report)
Every department sets measurable performance targets and reports against them. Source: Departmental Results Reports via GC InfoBase — the department's own self-reported scorecard.
11
of 23 targets met
2
targets not met
10
not yet measurable or unavailable
See missed targets
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Percentage of SMEs that are majority-owned by youth in Southern Ontario
Target: — · Actual: 12.9
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Percentage of SMEs that are majority-owned by visible minorities in Southern Ontario
Target: — · Actual: 12.1
To support clean economic growth, scaling industry, commercialization, and domestic supply chains for the advanced manufacturing sector in southern Ontario.
To expand its existing ethanol production plant to increase its production capacity, sustainability, and productivity.
To support the acquisition of automated high-speed, state-of-the-art manufacturing equipment to increase production capacity at the facility in Orillia, Ontario.
To accelerate the decarbonization of Canada's energy grid through the commercialization and adoption of emerging green technologies.
To enhance research and development capabilities to support defence innovation
To provide business development programming and support to Indigenous entrepreneurs.
To design, develop, and commercialize an advanced Active Electronically Steered Antenna (AESA) transmit array for next-generation Electronic Warfare (EW) threat emitter systems.
To reconfigure manufacturing operations by adding advanced welding and automation to expand capabilities and improve efficiency.
To scale operations and establish a Centre of Excellence for rare earth elements recycling in Kingston, Ontario.
To increase production capability and accelerate international market growth by scaling manufacturing and advancing next-generation imaging systems.
To equipt a facility to convert organic waste into natural gas and fertilizer.
To strengthen manufacturing capabilities of electric vehicle (EV) parts by expanding existing facilities.
To support southern Ontario Community Futures Development Corporations in the provision of Canada Emergency Business Account-like loan support to businesses and organizations that have been impacted b...
The project includes purchasing capital equipment to increase production capabilities of large structural aerospace components (stringers).
The funding over three years, will contribute to increasing the participation of women and Indigenous Peoples in the aviation industry by increasing FNTI's student capacity by 100% to support indigeno...
To adopt cutting-edge equipment at its new facility in Ingersoll for lightweight laser-welded blanks for the automotive and EV market.
Intellijoint Surgical Inc. proposes a 3-year, $19.5 million project to further the commercialization of its HIP and KNEE products to additional markets in the U.S., Europe, Australia, and Canada
Develop Trent Enterprise Centre as the only clean technology accelerator in Canada with laboratories & pilot facilities that support cleantech start ups, business growth & commercialization.
Develop Trent Enterprise Centre as the only clean technology accelerator in Canada with laboratories & pilot facilities that support cleantech start ups, business growth & commercialization.
Build additional capacity to support the company's growth and commercialize new products, including the Turbo Charger and the Electric Cart.
To develop Trent Enterprise Centre as a leading clean technology accelerator that supports cleantech start ups, business growth & commercialization.
To establish a commercial-level manufacturing capacity to meet growing demand for cutting-edge optical engines.
To support the development and launch of the Ottawa Health Innovation Hub to accelerate commercialization for biotech, medtech and digital health companies in southern Ontario.
To build additional capacity to support the company's growth and commercialize new products, including the Turbo Charger and the Electric Cart.