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.
$20,000.00
Dec 18, 2020
For-profit organization
ICAP – Responsive AI - International Co-Innovation with Italy
963366
International Co-Innovation Action Program (ICAP) project - This project will allow Responsive Capital Management to identify co-innovation partners who provide open data and fintech platforms that are interested in the Italian/EU market.
$148,000.00
Dec 1, 2020
For-profit organization
Open Banking API integration
967835
EUREKA E! 13575 NEXBEST project with Nexi Payments SpA (Italy)
to develop an integration between the firm's Artificial Intelligence product with Nexi's open banking products in support of the partnership agreement co-sell the integrated solution to European banks, wealth manager and insurance companies.
$58,000.00
May 15, 2018
For-profit organization
Open Framework for Secure and Private Financial Services Insights
907073
A framework to allow open sharing of customer financial data between institutions, fintechs and government departments for the purposes of machine insights.