Grants and Contributions:
Title:
819867
Agreement Number:
819867
Agreement Value:
$44,300,000.00
Agreement Date:
Aug 1, 2024 - Dec 31, 2043
Description:
This project is supported by up to
$44.3 million in
funding for Goodyear Canada's
expansion of its Napanee, Ontario
facility, which will increase production,
create additional jobs, and deepen the
strength of the Canadian supply chain.
The project's work phase is scheduled
to end on December 31, 2028.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This investment will result in the
expansion and modernization of
Goodyear's Napanee facility and will
invest in new mixer technology to
improve the mixing process of tire
compounds and increase production
by 2 million tires per year.
Location:
Toronto, Ontario, CA M9C5J5
Reference Number:
033-2024-2025-Q2-819867
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
118941806
Recipient Type:
For-profit organization
Additional Information:
The amendment provides for a 12 month extension.
Amendment Date
Jun 26, 2026
Recipient's Operating Name:
Goodyear Canada Inc.
Recipient's Legal Name:
Goodyear Canada Inc.
Federal Riding Name:
Etobicoke Centre
Federal Riding Number:
35027
Program:
SIF Stream 2 - Growth
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:
326210
Amendments: