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.

129
projects funded

$9.5B
total SIF funding

$78.2B
total project costs

Projects

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

Networks

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

Improving Canada's position in quantum technologies and the semiconductor supply chain – IBM Canada

The SIF investment of $59.9 million will support research into ground-breaking quantum technologies, add new semiconductor manufacturing capacity, and strengthen the semiconductor supply chain in Canada.

Government of Canada bolsters domestic biomanufacturing capacity – Northern RNA Inc.

The $15 million in SIF funding aims to reinforce Canada's domestic vaccine supply chain by establishing a new facility producing lipids for mRNA vaccines and therapies.

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