Government Grant, Repayable Contribution
Aerospace Regional Recovery Initiative
The Aerospace Regional Recovery Initiative (ARRI) helped the Canadian aerospace sector emerge from the pandemic with the capacity to compete on the global stage.
With a total budget of $250 million over three years (until March 31, 2024), this initiative was delivered by Canada’s regional development agencies (RDAs). It complemented support for the aerospace industry provided through Canada’s COVID-19 Economic Response Plan and by Industry, Science and Economic Development (ISED) through the Strategic Innovation Fund.
- 4.5/5.0
- Canada Economic Development for Quebec Regions
- All levels
- Last updated 10 months ago
- English
Description
The Aerospace Regional Recovery Initiative (ARRI) helped the Canadian aerospace sector emerge from the pandemic with the capacity to compete on the global stage.
With a total budget of $250 million over three years (until March 31, 2024), this initiative was delivered by Canada’s regional development agencies (RDAs). It complemented support for the aerospace industry provided through Canada’s COVID-19 Economic Response Plan and by Industry, Science and Economic Development (ISED) through the Strategic Innovation Fund.
The Initiative supported small and medium-sized enterprises (SMEs) in the following three objectives:
- to green their operations and adopt environmentally sustainable practices,
- to improve productivity,
- and to strengthen commercialization while further integrating into regional and global supply chains.