Source recordFED

PowerCo Canada Inc.

Federal grants & contributions· SIF Stream3- Attraction· Innovation, Science and Economic Development Canada· FY2024· $700,000,000· BN 000000000· ON

Description

This project will create a greenfield net-zero manufacturing facility in St. Thomas, ON. The plant will produce lithium-ion battery cells for up to one million Electric Vehicles (EV) per year.

Amendment chain · 2 entries

Each notch is one published row for this agreement: #0 is the original (placed at its start date) and each later notch is an amendment (placed at its amendment date). The height is the agreement's total value as of that row — the source column is cumulative, not a change amount — so the line reads as the commitment over time and the right-most notch is the current commitment shown in the header. For this agreement: $700,000,000 at start, $700,000,000 after amendment #1 (+$0).

$700,000,000$0Original · 2023-04-01 (start date) · total $700,000,000Amendment 1 · 2024-08-19 · total $700,000,000
  • #02023-04-01$700,000,000
  • #12024-08-19$700,000,000
RowDateTotal value as of rowChange vs previousDescription on this row
#0 original2023-04-01(start date)$700,000,000—This project will create a greenfield net-zero manufacturing facility in St. Thomas, ON. The plant will produ…
#1 amendment2024-08-19$700,000,000+$0This project will create a greenfield net-zero manufacturing facility in St. Thomas, ON. The plant will produ…

Related records · 11

Records are related by an explicit link in the data, stated for each group below — never by text similarity. Values are each agreement's current commitment (latest amendment).

Other current agreements for the same recipient (business number 000000000)

RefDepartment · programCurrent valueFY
172-2025-2026-Q1-00010National Research Council Canada | Conseil national de recherches Canada · International Astronomical Observatories Program$375,000FY2026
033-2026-2027-Q1-515914Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada · Universal Broadband Fund$5,829,615FY2026
235-2025-2026-Q3-00526Agriculture and Agri-Food Canada | Agriculture et Agroalimentaire Canada · Producer Mental Wellbeing Initiative (PMWI)$50,000FY2026
235-2025-2026-Q3-00525Agriculture and Agri-Food Canada | Agriculture et Agroalimentaire Canada · Producer Mental Wellbeing Initiative (PMWI)$50,000FY2026
033-2025-2026-Q3-820265Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada · Canadian Consumer Protection Initiative$31,500FY2026
172-2025-2026-Q3-1035890National Research Council Canada | Conseil national de recherches Canada · Collaborative Science, Technology and Innovation Program - Collaborative R&D Initiatives$247,500FY2026

Other recipients funded under "SIF Stream3- Attraction" by Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada (most recent first)

RefRecipientFiscal yearCurrent valueFY
033-2024-2025-Q4-820215IBM Canada Limited - IBM Canada LtéeFY2025$210,000,000FY2025
033-2024-2025-Q3-514896Dow Chemical Canada ULCFY2025$400,000,000FY2025
033-2024-2025-Q1-820057Aspect Biosystems Ltd.FY2025$49,000,000FY2025
033-2024-2025-Q3-819849Ericsson Canada Inc.FY2025$79,100,000FY2025
033-2024-2025-Q1-820155Heidelberg Materials Canada LimitedFY2025$49,000,000FY2025

Cite as: Glassbox record view · Federal grants & contributions · 033-2023-2024-Q1-514759 · retrieved 2026-11-12.