Mastercard Technologies Canada ULC

$49,000,000.00 CAD

≈ $1.18 for every person in Canada ≈ 633 Canadians' average pay for a year
Department
Innovation, Science and Economic Development Canada
Program
SIF Stream 3 - Attraction
Recipient country
Canada
Fiscal year
2019-2020
Agreement period
December 4, 2019 – June 30, 2031
Reference
ic:033-2019-2020-Q3-813003

Published purpose

Establishment of a new global Intelligence and Cyber Centre of Excellence in Vancouver, to create technologies and standards for cyber security solutions that ensure the safe use of devices over the internet.

In plain English AI-generated

This grant supports Mastercard Technologies Canada in establishing a new global Intelligence and Cyber Centre of Excellence in Vancouver, focused on developing cybersecurity technologies and standards for safe internet device use.

Category: Research Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported August 3, 2026 from open.canada.ca Grants & Contributions