Support to the Steel and Aluminum Sector

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Canadian SMEs that use steel and aluminum face challenges in making investments to strengthen their productivity and competitiveness. The Regional Economic Growth through Innovation Steel and Aluminum Initiative, launched on March 11, 2019, aims to support the innovative projects of SMEs operating within the Canadian steel and aluminum supply chain. These investments are expected to maintain and create jobs as well as promote economic growth through adoption of innovative technologies and processes.

More specifically, the Initiative will:
  • Assist firms with high growth potential to scale up and expand;
  • Support technology demonstration and the commercialization of new technologies;
  • Encourage the early adoption or adaptation of leading-edge technologies and processes to improve productivity;
  • Increase businesses’ capacity to grow.

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