Hitachi Energy Canada Inc

$40,000,000.00 CAD

≈ $0.97 for every person in Canada ≈ 517 Canadians' average pay for a year
Department
Innovation, Science and Economic Development Canada
Program
SIF Stream2- Growth
Recipient country
Canada
Fiscal year
2024-2025
Agreement period
June 27, 2024 – July 31, 2040
Reference
ic:033-2024-2025-Q1-819725

Published purpose

This project will support the creation of a High-Voltage Direct Current (HVDC) simulation centre in Saint-Laurent, Quebec, as well as the modernization and expansion of Hitachi Energy's transformer manufacturing facility in Varennes, Quebec, to increase production capacity.

In plain English AI-generated

This project funds the creation of a High-Voltage Direct Current simulation centre in Saint-Laurent, Quebec, and the modernization and expansion of Hitachi Energy's transformer manufacturing facility in Varennes, Quebec, to increase production capacity.

Category: Infrastructure 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