Grants and Contributions:
Title:
900913
Agreement Number:
900913
Agreement Value:
$121,047.00
Agreement Date:
Feb 1, 2026 - Oct 31, 2026
Description:
Purchase advanced equipment to deliver a specialized mobile line‑boring service, enabling the company to pivot to the mining industry.
Organization:
Federal Economic Development Agency for Northern Ontario
Expected Results:
Acquiring and commissioning new innovative equipment necessary to diversify product offerings due to market uncertainties caused by looming tariffs.
Location:
HEARST, Ontario, CA P0L 1N0
Reference Number:
200-2026-2027-Q1-040
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
826681066
Recipient Type:
For-profit organization
Additional Information:
Non-Repayable Contribution 2025/26 to 2026/27
Recipient's Operating Name:
Maurice Welding
Recipient's Legal Name:
1949312 Ontario Inc.
Federal Riding Name:
Kapuskasing—Timmins—Mushkegowuk
Federal Riding Number:
35044
Program:
Regional Tariff Response Initiative
Program Purpose:
To provide streamlined, nationally consistent and yet regionally tailored support for business productivity and scale-up, particularly for small and medium-sized enterprises (SMEs) and women entrepreneurs and other underrepresented groups, and assist the enhancement of regional industrial and technology clusters and regional innovation ecosystems.
Coverage:
North Central ON / Centre-nord ON
NAICS Code:
2131