Investments: Strategic Innovation Fund

The Strategic Innovation Fund (SIF) supports a wide range of large-scale, transformative and collaborative projects across all sectors of the economy.

projects funded

total SIF funding

total project costs


All projects that have received funding or projects the Government of Canada has announced.


All Networks and how they're benefiting and supporting Canadian companies across Canada.

Funding overview

An overview of investments and other data related to funded projects.

Current investment priorities

Budget 2023 defined 3 priorities for SIF: clean technologies, critical minerals and industrial transformation.

Latest investments

Government of Canada strengthens battery manufacturing in British Columbia – E-One Moli Energy (Canada)

The SIF Net Zero Accelerator (NZA) contribution of up to $204.5 million will fund the construction of the largest factory for high performance lithium-ion battery cells in the country, with an expected production of up to 135 million battery cells per year.

Government of Canada invests in the update and expansion of a biomanufacturing facility– Pharmascience Inc.

The Government of Canada will assist the improvements made to a sterile injectables facility in Quebec. SIF contributions will fund the update and expansion of the facility that will increase product capacity by 2.5 times. This investment will support our domestic pharmaceutical supply chain and support the growth of our life science ecosystem.