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.
$30,000.00
May 1, 2023
For-profit organization
Mechanical Design EIT
1006050
The objective of this project is to assign a series of mechanical engineering design tasks to young individuals, focusing on products such as the Talon Extender, Diverter, Open Motor, and the TAG tool.
$30,000.00
Jun 1, 2021
For-profit organization
Sustainability and New Development.
973724
The project is to provide employment opportunities to an engineering graduate for a 12-month intern position. In such assisting our engineering team, operations and sales with new product development, sustainability of our commercialized tools in and delivering quality to the end-user.
$220,000.00
Jul 1, 2020
For-profit organization
Talon Sealed Extender Motor
953592
Talon Sealed Extender Motor is a drilling motor that includes a rotating valve that generates a pressure pulse that travels up the coiled tubing. This pulsation will cause the coiled tubing to stiffen, create a fluid-hammer, vibrate and therefore reduces friction in deviated wells. The technology is the only available motor with an extended reach tool that can preconfigure the four main operational functions.
$30,000.00
Jul 1, 2020
For-profit organization
Talon Extender, Talon Motor and Talon Flow Diverter
953732
The youth will help and work on the following projects
Talon Extender is a new innovative extender reach technology to assist for the Coiled Tubing application. Talon Flow Diverter is a new innovative tool to operate with the Talon Extender to allow for more efficient milling operations. Talon Sealed Motor with built-in shock, agitation and anti-stall capabilities will lead the innovation for downhole drilling/milling motors.
$50,000.00
Mar 1, 2019
For-profit organization
Talon Sealed Extender Motor
924144
Talon Sealed Extender Motor is a high torque drilling motor that includes a rotating valve which generate a pressure pulse that travels up the coiled tubing. This pulsation will cause the coiled tubing to stiffen, vibrate and therefore reduces friction in deviated wells.