Friday, 04 August 2017 11:50

Increased funding for Western Economic Diversification


Western Economic Diversification Canada (WD), an agency established to promote the development and diversification of the economy of Western Canada will receive increased funding worth $25 million over five years.  With its two strategic priorities for 2017-18 on innovation and Indigenous economic growth, funding wil be directed towards : 

  • supporting small and medium-sized businesses that want to adopt new technologies and boost their innovation capacity;
  • nominating 50 firms across the country to participate in a federal program that will help them grow nationally and internationally;
  • investing $100 million annually across the country in clean technology; and
  • supporting a total of 250 Indigenous projects as they develop and diversify their economies.

Read 1610 times Last modified on Friday, 04 August 2017 13:11
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