This fund provided Indigenous leadership and organizations with the flexibility needed to design and implement community-based solutions to prevent, prepare and respond to the spread of COVID-19 within their communities.
The Aerospace Regional Recovery Initiative (ARRI) will help the Canadian aerospace sector emerge from the pandemic with the capacity to compete on the global stage. The Initiative will support small and medium-sized enterprises (SMEs) in the following 3 objectives: to green their operations and adopt environmentally sustainable practices to improve productivity to strengthen commercialization [...]
Venture capital (VC) is a specialized type of equity financing that takes educated risks on great ideas and talented people by investing capital in young, high growth-potential companies to give them the opportunity to develop their ideas into marketable products.
New funding of $70 million will be added to the provincial and territorial agreements of the Investing in Canada Infrastructure Program to support ventilation improvement projects in public and community buildings. This funding will build upon the existing $120 million to support ventilation improvement projects in public buildings.
The Major Festivals and Events Support Initiative supports major Canadian festivals and events that have been hit hard by the economic impacts of COVID-19 to adapt and enhance their activities as the economy recovers. With a national budget of $200 million over 2 years, the initiative will ensure continued operations and maintain local jobs [...]
The Tourism Relief Fund (TRF) is a $500 million program to support the tourism sector in Canada, with $485 million in regional priorities funding administered by Canada's regional development agencies and the $15 million National Priorities Stream administered by Innovation, Science and Economic Development Canada.
The Government of Canada is adapting the Investing in Canada Infrastructure Program to respond to the impacts of COVID-19. The Program, delivered through bilateral agreements with provinces and territories, is being adjusted to add some flexibilities, expand project eligibility and accelerate approvals.
The Major Festivals and Events Support Initiative (MFESI) is a two-year, $200-million national fund to help major Canadian festivals survive and adapt to the pandemic. It will also help position them for post-pandemic economic recovery and growth.
The Government of Canada is investing $50 million to support Canadian arts, culture and heritage organizations that have experienced revenue losses due to public health restrictions and capacity limits and the ongoing hesitancy of audiences to return. This funding will reinforce the two-year, $300-million Recovery Fund for the Arts, Culture, Heritage and Sport Sectors [...]
The Indigenous Community Business Fund is providing $117 million in non-repayable financial contributions to help support First Nations, Inuit and Métis community-or collectively-owned businesses and microbusinesses whose revenues have been affected by the COVID-19 pandemic. Budget 2021 renewed this funding with an additional $117 million. The fund has 2 streams: Stream 1 Funding will be transferred [...]