Discover government funding for Canadian industrial businesses including construction, mining, energy, and heavy industry. RTRI, SR&ED, and more.
The three to six programs we recommend most for industrial businesses. Keep reading for the complete industrial funding landscape, including every other program covered in the guide below.
Incorporated for-profit businesses anywhere in Canada impacted by U.S., Chinese, or Canadian counter-tariffs. Delivered by seven regional development agencies, so minimum request sizes and headcount thresholds vary by region. Must demonstrate tariff impact and pre-March 2025 financial viability.
Large industrial projects only. Superseded the Strategic Innovation Fund. Amounts are repayable by default, either unconditional (interest-free) or conditional (tied to a verifiable metric).
Critical mineral extraction, processing and recycling, and zero-emission technology manufacturing. Property must be used ≥90% in qualifying activities.
Incorporated for-profit companies growing productivity through machinery, technology adoption, process re-engineering or expanded capacity.
Any Canadian business performing qualifying R&D activities
Industrial and manufacturing facilities located in Alberta that have been in operation for at least one year with fixed equipment and energy consumption information, that the applicant owns or leases with landlord permission, and that fall within NAICS sectors 11, 21, 22, 23, 31 to 33, 48, or 56, where ERA lists only the waste collection, waste treatment and disposal, and remediation and other waste management sub-sectors. The applicant must operate a business and must not be insolvent. Every participant must complete a Facility Readiness Assessment before entering any activity stream.
Industrial: funding at a glance
Heavy industry in Canada, including mining, oil and gas services, construction, energy, primary metals, chemicals, and forestry, accesses a specific subset of federal and provincial programs distinct from the tech-sector innovation stack. Industrial funding tends to be larger per project (capital-intensive projects), more focused on environmental and modernization outcomes, and more often structured as repayable contributions than the consumer-facing innovation programs.
The 2025 to 2026 funding cycle is unusually favourable for industrial businesses because of two converging federal priorities: industrial decarbonization (Net Zero Accelerator's $8B mandate) and US-tariff response (RTRI's $1B). Industrial businesses that align projects with either or both can typically structure stacks of $1M to $10M+.
The single largest industrial program in Canada. Up to $50M per project for industrial decarbonization: primary metals, cement, chemicals, oil and gas, mining. Three streams: large emitters, supply chain decarbonization, clean technology adoption.
For industrial businesses (steel, aluminum, automotive parts, forestry, primary metals) affected by US tariffs. Up to $1M non-repayable + $5M repayable per business. Strong fit for tariff-driven supply chain redesign and equipment modernization. RTRI page.
For industrial businesses developing novel process technology: automation, quality systems, novel materials, energy efficiency innovations. Funds technical labour up to 80%. Less commonly used by pure heavy industry (which tends to need capital, not labour funding) but powerful for industrial service companies and equipment developers. IRAP page.
Refundable tax credit on R&D. Industrial businesses doing process innovation, custom engineering, or novel materials work routinely qualify. The Budget 2025 restoration of capital SR&ED eligibility particularly benefits industrial companies investing in R&D equipment. SR&ED page.
Emissions Reduction Alberta (Strategic Energy Management for Industry, Industrial Efficiency, Critical Minerals streams), Alberta Innovates Clean Resources, BC Industrial Energy Efficiency Program, Quebec's industrial decarbonization programs. Each province has specific industrial focus areas.
For a Canadian industrial business undertaking capital modernization in 2026:
The Grant Metal Products case study shows a variant of this stack for a steel fabricator combining RTRI + Emissions Reduction Alberta + CanExport into $2M+.
Industrial funding evaluations are unusually focused on environmental and social outcomes. Even RTRI applications for industrial businesses score better when they include quantified emissions reductions, regional employment effects, supply chain ripple benefits, or alignment with federal priorities (critical minerals, hydrogen economy, EV supply chain). The strongest applications quantify these in the same way they quantify financial returns.
Industrial businesses often have larger, longer projects than tech-sector SMEs. A 24 to 36 month industrial project is typical. This means coordinating multiple programs over the full project lifecycle, with claims and milestone reporting against each, is materially more complex than tech sector funding management.
The research phase of our Full-Service Grant Management engagement identifies the specific federal and provincial programs your industrial business qualifies for. For larger industrial projects (above $1M total project cost), structuring the multi-program stack from the outset typically delivers materially more total funding.
Free eligibility assessment. We identify every federal and provincial program you qualify for, ranked by fit and funding value, with the stacking interactions modelled properly.
The programs above are federal, available to industrial businesses anywhere in Canada. Most provinces and territories also run their own industrial funding, and the two stack. Which provincial programs apply depends on where you operate.
Tell us your province and your project and we will map the full federal and provincial stack you qualify for. Book a free call and we will do it on the spot.
We match your industrial business with every federal and provincial program you qualify for, then write, submit, and manage the applications. Free assessment, no obligation.