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
Apr 1, 2023
For-profit organization
Smartricity Inc.-2023-2024-1006968
1006968
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.
$260,812.00
Jan 3, 2022
For-profit organization
Smart MD for Electric Motors
985374
SmartMD is a software system that integrates into existing test systems, and stand alone test kits to give a clear indication of current and remaining motor life with 98% accuracy. Our system gives the user a Health Check on the motor based on proprietary algorithms developed in our labs.
Across North America specifically, “run to failure” practices are common and those who are utilizing some form of condition or predictive monitoring are typically not sure how to utilize the data. There are roughly 1,000,000 electric motors repaired annually in North America alone and globally the new electric motor market is valued at over $147B USD annually.