What we do
Eligible recipients are corporations incorporated pursuant to the laws of Canada carrying on business in Canada with proposals for investments in Canada valued at more than $75 million until March 31, 2021, for vehicle or powertrain assembly operations associated with significant automotive innovation and R&D initiatives. Automotive innovation and R&D initiatives other than vehicle or powertrain assembly are also eligible provided they meet the $75 million threshold.
Eligible projects and eligible activities
Eligible projects for funding under the AIF are those projects with a total private sector investment valued at more than $75 million until March 31, 2021 and comprising eligible activities.
Eligible activities mean significant automotive innovation and R&D initiatives to develop and build greener, more fuel efficient vehicles, inclusive of:
- new product development, e.g., advanced emissions technologies, energy efficient engines and transmissions, advanced materials, including engineered plastics, light weight components and materials;
- leading edge engineering and design, prototype development;
- advanced product testing with a view to ensuring cleaner, more efficient automotive performance and reduced greenhouse gases (GHGs);
- the development of new production methods and process technologies, including advanced flexible manufacturing techniques;
- new or expanded facilities that generate significant economic benefits, including employment;
- substantive investments in new flexible manufacturing processes; and
- introduction of other transformative new production technologies to substantially increase productivity and efficiency (e.g., robotics, advanced IT systems, etc.)
Eligible projects must require government funding to meet the scope, location and timing of the proposed eligible project. eligible projects will typically have an implementation period of up to March 31, 2021, though exceptions will be considered on a case-by-case basis.
Ineligible activities under the AIF are those that do not meet program objectives and may include:
- regular maintenance, operation costs, regular retooling of facilities;
- replacement technology without substantive improvement in productivity and energy efficiencies;
- restructuring, mergers and acquisitions with minimal contribution to Canada's economic and environmental objectives; and
- consolidation of traditional product lines without substantive new productive capacity or contribution to Canada's new fuel consumption objectives.
Our social impact
The proposals of applicants will be assessed by Innovation, Science and Economic Development Canada (ISED) in accordance with a three-phase process.
This project was last updated 17 days ago