Grants and Contributions:
Title:
Phase 1.5 : Acquisition of Advanced Packaging capabilities
Agreement Number:
820215
Agreement Value:
$210,000,000.00
Agreement Date:
Mar 21, 2025 - Jun 30, 2044
Description:
This equipment upgrades to Bromont, QC facilities to grow Canadian semiconductor manufacturing capacity.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This investment will secure investment in the Canadian semiconductor industry in Bromont, QC, strengthen the North American supply chain, support highly skilled jobs, and new technological advancements.
Location:
Markham, Ontario, CA L6G1C7
Reference Number:
033-2024-2025-Q4-820215
Agreement Type:
Other transfer payment
Report Type:
Grants and Contributions
Recipient Business Number:
102444452
Recipient Type:
For-profit organization
Additional Information:
This is a partially conditionally repayable contribution.
Secondary recipient: C2MI
Recipient's Operating Name:
IBM Canada Limited - IBM Canada Ltée
Recipient's Legal Name:
IBM Canada Limited - IBM Canada Ltée
Federal Riding Name:
Brome--Missisquoi
Federal Riding Number:
24016
Program:
SIF Stream3- Attraction
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:
334410