Grants and Contributions:
Title:
228213
Agreement Number:
228213
Agreement Value:
$750,000.00
Agreement Date:
Feb 24, 2026 - Jun 30, 2026
Description:
Purchase advanced equipment to increase productivity and offset impacts from tariffs
Organization:
Atlantic Canada Opportunities Agency
Expected Results:
To achieve one or more of the following departmental results, i) Businesses are innovative and growing in Atlantic Canada, ii) Businesses invest in the development and commercialization of innovative technologies in Atlantic Canada; and iii) Communities are economically diversified in Atlantic Canada.
Location:
Saint John, New Brunswick, CA E2K 5L6
Reference Number:
276-2025-2026-Q4-00153
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
103971461
Recipient Type:
For-profit organization
Additional Information:
The assistance type is Non-Repayable Contribution.
Recipient's Operating Name:
Ocean Steel & Construction Ltd.
Recipient's Legal Name:
Ocean Steel & Construction Ltd.
Program:
REGI-BSP-Regional Tariff Response Initiative (RTRI)
Program Purpose:
To invest in and support businesses at various stages of development, including high-growth firms to accelerate their growth and assist them in scaling up, enhance their productivity and competitiveness in both domestic and global markets.