Grants and Contributions:
Title:
1019365
Agreement Number:
1019365
Agreement Value:
$530,153.00
Agreement Date:
Mar 21, 2025 - Oct 31, 2027
Description:
To enhance productivity, broaden product offerings, support intra and inter-provincial supply and national reshoring efforts, and enable entry into new markets.
Organization:
Federal Economic Development Agency for Southern Ontario
Expected Results:
Helping businesses to undertake projects to raise productivity, enhance competitiveness and reduce costs, thereby mitigating tariff impacts within the firms; and enabling greater resiliency among Canadian businesses through more robust domestic supply chains, enhanced internal trade, market diversification and future-proofing their operations.
Location:
NIAGARA FALLS, Ontario, CA L2E 3K3
Reference Number:
062-2025-2026-Q4-00097
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
132216862
Recipient Type:
For-profit organization
Recipient's Operating Name:
Canadian Babbitt Bearings Ltd.
Recipient's Legal Name:
Canadian Babbitt Bearings Ltd.
Federal Riding Name:
Niagara Falls—Niagara-on-the-Lake
Federal Riding Number:
35070
Program:
Regional Tariff Response Initiative (RTRI)
Program Purpose:
To support impacted SMEs and sectors to boost productivity, drive growth, and diversify markets.
Coverage:
Support for business competitiveness and growth in adverse economic conditions.
NAICS Code:
331514