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.
$163,085.00
Sep 1, 2019
For-profit organization
Customized Development of New Core Disk technology for the Sanitary and for the Industrial Process Markets
933880
ZOOK will be developing Rupture Disks that are an entire new branch of Pressure Engineering. The scope of the new project is to utilize the New ‘Core’ Disk Technology developed from the first IRAP program and apply it to two distinct areas of ZOOK’s business. These two areas are the Sanitary industry and Process Industry. These two distinct parts will occur at different times of the project so they will be referred to as phases going forward.