Minister Bains announces extension of Innovation Assistance Program

Funding will help protect Canadian jobs and support businesses dealing with economic impacts of COVID‑19.

The Government of Canada continues to take action to help Canadian businesses and organizations keep their doors open, keep their employees on the payroll, and recover quickly as Canada continues to manage the economic impacts of COVID‑19.

Today, the Honourable Navdeep Bains, Minister of Innovation, Science, and Industry, alongside Prime Minister Justin Trudeau, announced the Government of Canada is providing over $155 million to extend the National Research Council of Canada Industrial Research Assistance Program’s (NRC IRAP) Innovation Assistance Program (IRAP IAP).