Grants and Contributions

About this information

In June 2016, as part of the Open Government Action Plan, the Treasury Board of Canada Secretariat (TBS) committed to increasing the transparency and usefulness of grants and contribution data and subsequently launched the Guidelines on the Reporting of Grants and Contributions Awards, effective April 1, 2018.

The rules and principles governing government grants and contributions are outlined in the Treasury Board Policy on Transfer Payments. Transfer payments are transfers of money, goods, services or assets made from an appropriation to individuals, organizations or other levels of government, without the federal government directly receiving goods or services in return, but which may require the recipient to provide a report or other information subsequent to receiving payment. These expenditures are reported in the Public Accounts of Canada. The major types of transfer payments are grants, contributions and \'other transfer payments\'.

Included in this category, but not to be reported under proactive disclosure of awards, are (1) transfers to other levels of government such as Equalization payments as well as Canada Health and Social Transfer payments. (2) Grants and contributions reallocated or otherwise redistributed by the recipient to third parties; and (3) information that would normally be withheld under the Access to Information Act and the Privacy Act.

Found six records

$750,000.00

May 25, 2023

For-profit organization

Agreement:

1014293

Agreement Number:

1014293

Duration: from May 25, 2023 to Dec 31, 2025
Description:

To commercialize banking-as-a-service platform.

Organization: Federal Economic Development Agency for Southern Ontario
Program Name: Business Scale-up and Productivity (BSUP)
Location: TORONTO, Ontario, CA M5V 1S8

$35,000.00

Apr 1, 2022

For-profit organization

Agreement:

Loop Financial Inc.-2022-2023-990173

Agreement Number:

990173

Duration: from Apr 1, 2022 to Mar 1, 2023
Description:

The purpose of this CanExport SMEs agreement is to support small- and medium-sized enterprises (SMEs) for activities related to export market development that are part of an export business case for a specific target market, particularly where activities are targeting departmental priority markets and sectors.

Organization: National Research Council Canada
Program Name: CanExport SMEs
Location: Toronto, Ontario, CA M5V 1S8

$854,000.00

Mar 15, 2020

For-profit organization

Agreement:

5279620201120

Agreement Number:

5279620201120

Duration: from Mar 15, 2020 to Mar 31, 2021
Description:

RRRF funding will be used to support Recipients to address the impacts of the COVID-19 pandemic.

Organization: Federal Economic Development Agency for Southern Ontario
Program Name: Regional Relief and Recovery Fund (RRRF) – Direct
Location: Toronto, Ontario, CA M5V 1S8

$486,900.00

Apr 1, 2019

For-profit organization

Agreement:

Scaling Lending Through Underwriting Automation and Transactional Ledgers

Agreement Number:

929665

Duration: from Apr 1, 2019 to Feb 28, 2020
Description:

Automation between various Credit, Underwriting and Loan Management Systems, allowing Lending Loop to provide Small Businesses with relatively lower amounts of capital at an affordable rate with less time for application approval and an attractive risk-adjusted return to lenders.

Organization: National Research Council Canada
Program Name: Industrial Research Assistance Program – Contributions to Firms
Location: Toronto, Ontario, CA M5V 1S8

$29,000.00

Apr 1, 2019

For-profit organization

Agreement:

Lending Loop International Investor

Agreement Number:

925916

Duration: from Apr 1, 2019 to Mar 31, 2020
Description:

Lending Loop is targeting the U.S. as a strategic market for Alternative Asset Managers due to their familiarity with Peer-to-Peer(P2P) marketplaces, as U.S. lenders have experience and a deep understanding of alternative investments

Organization: National Research Council Canada
Program Name: CanExport
Location: Tompkins, Ontario, CA M5V 1S8

$88,307.00

Aug 9, 2017
Organization: National Research Council Canada
Location: Toronto, Ontario, CA