Grants and Contributions:

Back to search

Title:

François Beaulieu II Facility Economic Development Project

Agreement Number:

2425-CN-000130

Agreement Value:

$1,647,246.00

Agreement Date:

Dec 19, 2024 - Mar 31, 2027

Description:

Metcor Inc. will build the François Beaulieu II Facility economic development infrastructure in Yellowknife.

Organization:

Canadian Northern Economic Development Agency

Expected Results:

As a result of the project, Metcor Inc. is expected to sustain 10.5 existing FTEs and increase annual revenues from core environmental operations, support the employment of six additional FTEs, and create four new FTEs and four seasonal positions within the next few years.

Location:

YELLOWKNIFE, Northwest Territories, CA X1A 2P7

Reference Number:

0780-2024-2025-Qrt4-0000068

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

787795822

Recipient Type:

For-profit organization

Recipient's Operating Name:

METCOR INC.

Recipient's Legal Name:

METCOR INC.

Federal Riding Name:

Northwest Territories

Federal Riding Number:

61001

Program:

IDEANorth

Program Purpose:

Inclusive Diversification and Economic Advancement in the North (IDEANorth) makes foundational investments in economic infrastructure, sector development and capacity building to help position Northerners in the territories to take advantage of Canada's innovation economy. The IDEANorth program focuses on four priority areas: economic growth and sector development; business scale-up, productivity and innovation; small-scale economic infrastructure development; and foundational economic infrastructure.