ANNOUNCEMENT 19 Oct 2018
This investment is being made through the Strategic Innovation Fund.
NUMBER OF INTERVENTIONS
On October 19, 2018 Minister of Innovation, Science and Economic Development Navdeep Bains announced a commitment of up to Can.$49.9 million (US$38.1 million) to ArcelorMittal Canada Inc., a steel producer with plants in Ontario and Quebec. This investment is being made through the Strategic Innovation Fund, a program designed to attract and support high-quality business investments across all sectors of the economy by encouraging R&D that will accelerate the transfer of technology and the commercialization of innovative products, processes and services and will facilitate the growth of innovative firms.