Grants and Contributions:

Back to search

Title:

812925

Agreement Number:

812925

Agreement Value:

$49,900,000.00

Agreement Date:

Oct 23, 2019 - Jan 1, 2036

Description:

Improvements and upgrades to the company`s Hamilton facilities in order to modernize its steel production lines.

Organization:

Innovation, Science and Economic Development Canada

Expected Results:

The investment will allow the company to improve its ability to supply customers in advanced manufacturing sectors, expand its suite of products and bring new and innovative products to the North American market.

Location:

Hamilton, Ontario, CA L8L8K5

Reference Number:

033-2019-2020-Q3-812925

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

105011837

Recipient Type:

For-profit organization

Additional Information:

Please note this update includes a change to improve standardization of reporting across projects. The end date was updated from the end of the work phase of the project (30/06/2023) to the current end date of the contract (01/01/2036). This is not an extension. The end date now reflects the entirety of the agreement duration, including the benefit phase and residual audit period. The original start date was updated to reflect the correct execution date.

Amendment Date

Mar 31, 2026

Recipient's Operating Name:

Stelco Inc.

Recipient's Legal Name:

Stelco Inc.

Federal Riding Name:

Hamilton Centre

Federal Riding Number:

35035

Program:

SIF - Steel and Aluminum Program

Program Purpose:

Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services; Facilitate the growth and expansion of firms in Canada; Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.

NAICS Code:

331110

Amendments:

See Amendments