Financing programs for businesses and corporations

Ranked programs

36 open, ongoing or intake-based programs, best score first.

1. Ontario Made Manufacturing Investment Tax Credit (OMMITC) and Expanded OMMITC

   Ontario Ministry of Finance / Canada Revenue Agency

   Corporate income tax credit for investment in new manufacturing and processing buildings and machinery in Ontario. Refundable for Canadian-controlled private...

   OngoingOntarioOther incentivesLimit $3M
   67

   Top pick

2. Small Business Deduction (reduced federal tax rate for CCPCs)

   Canada Revenue Agency

   Reduced federal corporate income tax rate on active business income of Canadian-controlled private corporations, up to the business limit.

   OngoingFederalOther incentives
   55

   Top pick

3. FedDev Ontario - Regional Tariff Response Initiative (RTRI)

   FedDev Ontario

   Liquidity assistance and pivot-project funding for southern Ontario businesses hurt by U.S. tariffs. Non-repayable for smaller amounts, repayable for large...

   OpenFederalGrantsUp to $20M
   54

   Top pick

4. Electric Vehicle Affordability Program (EVAP)

   Transport Canada

   Point-of-sale incentives for Canadians, organizations and businesses buying or leasing an eligible new electric vehicle. It replaces the closed iZEV program.

   OngoingFederalOther incentivesUp to $5K
   45

   Strong

5. FedNor - Regional Tariff Response Initiative (RTRI)

   FedNor

   Liquidity assistance and pivot-project funding for Northern Ontario businesses affected by U.S. tariffs.

   OpenFederalGrantsUp to $20M
   44

   Strong

6. Clean Technology Investment Tax Credit (ITC)

   Canada Revenue Agency / Natural Resources Canada / Finance Canada

   Refundable investment tax credit for capital invested in the adoption and operation of new clean technology property in Canada (for example solar, wind, stationary...

   OngoingFederalOther incentives
   42

   Strong

7. BDC Pivot to Grow (tariff support loans)

   Business Development Bank of Canada (BDC)

   Liquidity, working capital and equipment financing for Canadian businesses affected by U.S. tariffs, with long interest-only periods and no prepayment penalty.

   OpenFederalLoansLoans up to $10M
   37

   Worth a look

8. EDC Export Guarantee Program (EGP)

   Export Development Canada (EDC)

   Guarantees to your lender to secure flexible working capital, optimize an operating line or secure a new loan.

   OngoingFederalLoansLoans up to $25M
   37

   Worth a look

9. Clean Technology Manufacturing (CTM) Investment Tax Credit

   Canada Revenue Agency / Natural Resources Canada

   Refundable credit for new machinery and equipment used to manufacture or process clean technologies and to extract or process key critical minerals in Canada. Supports...

   OngoingFederalOther incentives
   35

   Worth a look

10. EDC Trade Credit Insurance (Select and Portfolio)

    Export Development Canada (EDC)

    Insurance against non-payment by international buyers, improving access to financing through insured receivables.

    OngoingFederalOther incentives
    35

    Worth a look

11. EDC Trade Expansion Lending Program (TELP)

    Export Development Canada (EDC), delivered by partner lenders

    EDC guarantees part of a loan or line of credit so your financial institution can offer more working capital to exporters.

    OngoingFederalLoans
    35

    Worth a look

12. Ontario Together Trade Fund (OTTF)

    Ontario Ministry of Economic Development, Job Creation and Trade

    Tariff-response fund supporting near-term business investments to serve interprovincial customers, develop new markets and re-shore supply chains.

    OngoingOntarioGrantsUp to $5M
    35

    Worth a look

13. BDC Loan for Tech Companies

    Business Development Bank of Canada

    Flexible loans for revenue-generating technology companies that want to scale without giving up shares.

    OngoingFederalLoans
    34

    Worth a look

14. Clean Electricity Investment Tax Credit

    Canada Revenue Agency / Natural Resources Canada

    Refundable credit of up to 15% of capital cost of eligible clean electricity property (generation, storage, transmission), open to taxable corporations and also to...

    OngoingFederalOther incentives
    31

    Worth a look

15. London Façade Improvement Loan (Community Improvement Plan)

    City of London (Planning and Development)

    Low-cost loan for exterior building improvements such as windows, doors, brick repair, painting, lighting and attached signage within London's Community Improvement...

    OngoingOntarioLoansLoans up to $50K
    29

    Worth a look

16. NRC Industrial Research Assistance Program (NRC IRAP) - Financial support for technology innovation

    National Research Council Canada (NRC IRAP)

    NRC IRAP provides advice, connections and funding to help Canadian SMEs develop and commercialize technology-driven products, services and processes. Funding follows...

    OngoingFederalGrants
    29

    Worth a look

17. CMHC MLI Select (multi-unit mortgage loan insurance)

    CMHC

    Multi-unit mortgage loan insurance with higher loan-to-value or loan-to-cost, longer amortization and lower premiums for projects earning points for affordability...

    OngoingFederalLoans
    28

    Worth a look

18. Southwestern Ontario Development Fund (SWODF)

    Ontario Ministry of Economic Development, Job Creation and Trade

    Provincial funding for business expansion and community economic development projects in southwestern Ontario.

    Intake-basedOntarioGrantsUp to $5M
    28

    Worth a look

19. NOHFC Invest North - Locate

    Northern Ontario Heritage Fund Corporation (NOHFC)

    Support for businesses locating or relocating operations to Northern Ontario.

    OngoingOntarioGrantsUp to $5M
    26

    Worth a look

20. Protect Ontario Financing Program

    Ontario Ministry of Economic Development, Job Creation and Trade

    Term loans giving working-capital relief to Ontario businesses hurt by U.S. section 232 / 338 tariffs.

    OngoingOntarioLoans
    25

    Worth a look

21. CMHC Apartment Construction Loan Program (ACLP)

    Canada Mortgage and Housing Corporation (CMHC)

    Low-cost construction-to-stabilization loans for rental housing, including standard rental, seniors and student housing. Key financing for real estate developers.

    OpenFederalLoans
    21

    Long shot

22. Eastern Ontario Development Fund (EODF)

    Ontario Ministry of Economic Development, Job Creation and Trade

    Provincial funding for business expansion and community economic development projects in eastern Ontario (the program asked about as 'Eastern Ontario Development...

    Intake-basedOntarioGrantsUp to $5M
    21

    Long shot

23. EDC Direct Lending

    Export Development Canada (EDC)

    Commercial-rate loans for larger exporters investing in global expansion and export capacity.

    OngoingFederalLoans
    21

    Long shot

24. FedDev Ontario - Funding for businesses to innovate, grow and compete (REGI Business Scale-up and Productivity)

    Federal Economic Development Agency for Southern Ontario (FedDev Ontario)

    Interest-free, unconditionally repayable contributions for southern Ontario businesses to innovate, scale up, adopt technology and commercialize. Covers new project...

    OngoingFederalLoansLoans up to $10M
    19

    Long shot

25. NOHFC Invest North - Grow

    Northern Ontario Heritage Fund Corporation (NOHFC)

    Funding for existing Northern Ontario businesses growing operations (equipment, buildings, IT).

    Intake-basedOntarioGrantsUp to $1M
    19

    Long shot

26. Carbon Capture, Utilization and Storage (CCUS) Investment Tax Credit

    Canada Revenue Agency / Natural Resources Canada

    Refundable credit for eligible expenditures on equipment that captures CO2 for permanent storage or eligible use (such as concrete). Natural Resources Canada evaluates...

    OngoingFederalOther incentives
    17

    Long shot

27. Clean Hydrogen Investment Tax Credit

    Canada Revenue Agency / Natural Resources Canada

    Refundable credit for capital invested in producing clean hydrogen and clean ammonia in Canada, with higher rates for lower carbon intensity.

    OngoingFederalOther incentives
    17

    Long shot

28. Build Canada Homes (BCH) - proposal portal and financing

    Build Canada Homes (Housing, Infrastructure and Communities Canada)

    Federal agency that finances and builds affordable housing with private developers, non-profits, Indigenous partners and governments; uses tools such as loans, loan...

    OpenFederalLoans
    13

    Long shot

29. Invest Ontario Fund

    Invest Ontario

    Provincial investment-attraction fund offering grants and loans for large job-creating business investments, plus the Critical Minerals Processing Fund.

    OngoingOntarioGrants
    13

    Long shot

30. Strategic Response Fund (formerly Strategic Innovation Fund)

    Innovation, Science and Economic Development Canada (ISED)

    Large-scale funding for projects that de-risk innovation, grow AI compute and support firms affected by tariffs. The SRF replaces the Strategic Innovation Fund (SIF)...

    OngoingFederalLoans
    11

    Long shot

31. Canada Infrastructure Bank - Infrastructure for Housing Initiative

    Canada Infrastructure Bank (CIB)

    Low-cost, risk-sharing loans for public infrastructure that enables housing growth; repayments are linked to growth in housing units. The CIB finances enabling...

    OngoingFederalLoans
    10

    Long shot

32. OCI Life Sciences Innovation Fund (LSIF)

    Ontario Centre of Innovation (OCI)

    Early-stage co-investment fund for life sciences and healthcare technology companies.

    Intake-basedOntarioOther incentivesUp to $500K
    9

    Long shot

33. OCI Ready 4 Market (R4M) Fund

    Ontario Centre of Innovation (OCI)

    Pre-seed co-investment fund for early-stage Ontario technology companies commercializing academic IP.

    Intake-basedOntarioOther incentivesUp to $250K
    9

    Long shot

34. BDC Capital - Venture Capital

    BDC Capital

    BDC Capital's Venture Capital arm makes direct equity investments in Canadian technology and innovation companies through sector and stage funds (Seed, Growth, Life...

    OngoingFederalOther incentives
    3

    Long shot

35. Canada Growth Fund

    Canada Growth Fund Inc. (managed by CGF Investment Management / PSP Investments)

    Canada Growth Fund (managed by CGF Investment Management, a PSP Investments subsidiary) invests in projects, low-carbon supply chains and clean technology companies to...

    OngoingFederalOther incentives
    3

    Long shot

36. Venture Ontario (formerly Ontario Capital Growth Corporation) - venture capital investments

    Venture Ontario

    Venture Ontario is the Ontario government's venture capital investment agency. It invests mainly as a limited partner in venture capital and growth equity funds (for...

    OngoingOntarioOther incentives
    3

    Long shot

Questions

How many financing programs for businesses and corporations are open right now?

Of the 44 financing programs for businesses and corporations in our database, 31 are open or ongoing and 5 take applications only in intake windows. The rest are closed, paused or of unknown status, so they are not ranked on this page. Counts reflect our last check on Oct 30, 2026; programs can change without notice.

What is the largest published amount among these programs?

Canada Infrastructure Bank - Infrastructure for Housing Initiative publishes the largest figure on this page, shown as "$50M". Published figures are program maximums, caps or limits, not what an applicant should expect to receive; many programs pay a share of eligible costs and amounts depend on your project and eligibility.

Which financing programs for businesses and corporations rank highest?

Right now the top three by our score are Ontario Made Manufacturing Investment Tax Credit and Expanded OMMITC (67, Top pick), Small Business Deduction (55, Top pick), FedDev Ontario - Regional Tariff Response Initiative (54, Top pick). The score combines the size of the published amount, how much work an application takes, how likely an eligible applicant is to succeed and how many people qualify.

Do I have to pay this money back?

It depends on the program. Grants and incentives are generally not repaid, loans always are, and some contribution agreements are partly or fully repayable, so read the terms of each program. Among the 31 open or ongoing programs here, 6 are in our Grants category, 13 are loans and 12 are other incentives such as tax credits and rebates.

Are these federal or Ontario programs?

24 of the 31 open or ongoing programs here come from the federal government and 7 from the Ontario government. Both levels can usually be combined, but many programs have stacking rules that cap total government funding for the same costs, so check them before you apply.

Is this an official government website?

No. Grants & Loans Finder is an independent research tool. Each program page links to the official source, and applications are always made with the government agency or lender that runs the program.