Economic Development & Customer Service

City of St. Catharines
PO Box 3012, 50 Church St.
St. Catharines, ON L2R 7C2

Tel: 905.688.5601 x1768

Fax: 905.688.8994

TTY: 905.688.4TTY (4889)


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Incentives & Financing from the Federal Government

The information below links to multiple sources to benefit those seeking financing and incentives from the federal government.  A brief description has been provided as well as a link to the appropriate website.

Business Development Bank of Canada

The mission of the Business Development Bank of Canada (BDC) is to help create and develop Canadian businesses through financing, venture capital and consulting services, with a focus on small and medium-sized enterprises (SMEs).

Canada Small Business Financing Program

The Canada Small Business Financing Program seeks to increase the availability of loans for establishing, expanding, modernizing and improving small businesses.  It does this by encouraging financial institutions to make their financing available to small businesses.

Canadian Commercial Corporation

In order to increase trade,Canadian Commercial Corporation (CCC) helps foreign government buyers benefit from Canada's export capabilities through the negotiation and execution of government-to-government contracts. CCC accomplishes this by building unique relationships and maintaining international contracting and procurement expertise.

Career Edge Graduate Internship Programs 

Career Edge Organization provides strategic staffing solutions including on-line access to candidates, payroll administration & HR expertise to help employers recruit, hire and retain quality talent. Interns benefit from on the job coaching and training in a supportive and professional environment.

EcoEnergy Industry Assessment Incentives

The EcoEnergy Industry Assessment Incentives help industrial companies perform assessments of their operations to optimize their processes, reduce operating costs, become more competitive and reduce greenhouse gases (GHGs) and air pollution - all by using energy more efficiently.

Export Development Canada

Export Development Canada (EDC) is Canada's export credit agency, offering innovative financing, insurance and risk management solutions to help Canadian exporters and investors expand their international business.

Futurpreneur Canada

 Futurpreneur Canada is a national non-profit organization dedicated to growing the economy one entrepreneur at a time.  They support young entrepreneurs between ages of 18-39 with up to $45,000 in financing and an expert business mentor for up to two years.

Industrial Research Assistance Program 

The National Research Council (NRC) Industrial Research Assistance Program helps firms to develop technologies and successfully commercialize them in a global marketplace.  We do this by providing technical & business advisory services and financial assistance to the small and medium-sized enterprises we serve.

MITACS Accelerate Internship Program

Mathematics of Information Technology & Complex Systems (MITACS) Accelerate is a national internship program managed by MITACS which connects companies and other organizations with the vast research expertise in Canada's universities from applied sciences, engineering, social sciences and business to arts, life sciences and much more. Accelerate is run in partnership with a consortium of leading Canadian research organizations.

Scientific Research & Experimental Development Program

The Scientific Research & Experimental Development Program (SR&ED) program is a federal tax incentive program, administered by the Canada Revenue Agency (CRA), that encourages Canadian businesses of all sizes, and in all sectors to conduct research & development (R&D) in Canada.  It is the largest single source of federal government support for industrial R&D; it gives claimants cash refunds and/or tax credits for their expenditures on eligible R&D work done in Canada.

Strategic Aerospace & Defence Initiative

By providing repayable Strategic Aerospace & Defence Initiative contributions to Aerospace & Defence companies, the government helps to ensure that Canadian A&D companies undertake strategic R&D and that Canadians will benefit from these investments.

Work Sharing Program

Work Sharing is an adjustment program designed to help employers and employees avoid temporary layoffs when there is a reduction in the normal level of business activity that is beyond the control of the employer.  The measure provides income support to employees eligible for Employment Insurance benefits who work a temporarily reduced work week.

Youth Employment Program

The Youth Employment Strategy (YES) is the Government of Canada's commitment to help young Canadians (aged 15 to 30) obtain career information, develop skills, find good jobs and stay employed.  Through federal departments and agencies, among others, the Youth Employment Strategy assists employers in hiring young Canadians.

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