Grants and Contributions:
Title:
Project Resilience
Agreement Number:
816201
Agreement Value:
$173,013,000.00
Agreement Date:
Sep 17, 2021 - Apr 1, 2045
Description:
This project will support the development of digital technologies for new and existing products and training services, including digitally immersive solutions and artificial intelligence in the areas of civil aviation.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This investment will enable the company to develop operational support and training solutions for civil aviation and green aircraft technology, to reduce greenhouse emissions.
Location:
Montreal, Quebec, CA H4T1G6
Reference Number:
033-2021-2022-Q2-816201
Agreement Type:
Other transfer payment
Report Type:
Grants and Contributions
Recipient Business Number:
100717065
Recipient Type:
For-profit organization
Additional Information:
The amendment has been completed to reduce the contribution amount from $190M to $173.013M.
Amendment Date
Mar 5, 2025
Recipient's Operating Name:
CAE Inc.
Recipient's Legal Name:
CAE Inc.
Federal Riding Name:
Saint-Laurent
Federal Riding Number:
24068
Program:
SIF Stream 1- R&D
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:
333310
Amendments: