Agreement Value:
$40,000,000.00
Agreement Date:
Dec 1, 2018 - Mar 31, 2022
Description:
Make numerous upgrades to its facilities in western Canada and increase its competitiveness in serving the oil country tubular goods (OCTG) market while decreasing emissions and the overall carbon footprint of Canadian steel.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
By increasing the companies steel making and rolling capabilities, it will enable the company to increase its competitiveness in serving the oil country tubular goods (OCTG) market while improving emissions and the overall carbon footprint of Canadian steel.
Location:
Regina, Saskatchewan, CA S4P3C7
Reference Number:
033-2018-2019-Q4-812902
Agreement Type:
Other transfer payment
Report Type:
Grants and Contributions
Recipient Business Number:
890777881
Recipient Type:
For-profit organization
Additional Information:
The Amendment was required to change the project completion date, from 2029-04-30 to 2031-04-30. This is a repayable contribution.
Amendment Date
Dec 8, 2020
Recipient's Operating Name:
Evraz Inc. NA Canada
Recipient's Legal Name:
Evraz Inc. NA Canada
Federal Riding Name:
Red Deer--Lacombe
Federal Riding Number:
48030
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.