Archived — Technology Partnerships Canada (TPC) Repayment Status Report

November 1, 2012

The Industrial Technologies Office (ITO) publishes a semi-annual status report to enhance transparency of its legacy program — Technology Partnerships Canada (TPC).

TPC provided repayable contributions for innovative research and development (R&D) projects contracted between 1996 and 2006.

TPC projects were long-term (up to 30 years) commencing with an R&D phase, followed by a repayment phase — the period in which a product, or a technology, could generate revenue for the company. In such cases, repayments would flow back annually to the program according to the terms and conditions of the company's contribution agreement.

Nearly 7 percent of active projects are still in the R&D phase and repayments are not expected for a number of years. TPC repayments are in line with forecasts and are continuing to increase. The final TPC repayments are not expected until 2035.

TPC Program Highlights

  • Total number of active projects: 193
    • Active projects in the R&D phase (repayments are not yet due): 13
    • Active projects in the repayment phase : 180
  • Total authorized assistance for all projects: $3.4 billion
  • Total disbursements to date: $3.1 billion
  • Total cumulative repayments collected to date: $802 million
  • Total repayments collected in 2011-2012: $93.4 million

Please refer to the Explanatory Notes at the end of the following table for more information.

TPC Repayment Status Report
Contribution
Date
Company Authorized
Assistance ($)
Net Expenditures ($) Repayments ($)
  • A: Indicates that repayments are not yet due on the company's project(s).
  • B: Indicates that the company has not provided ITO with an authorization to disclose repayment information. Repayment details are protected under TPC agreements signed prior to August 2006.
  • *: Indicates that a company has multiple TPC projects — some may still be in the R&D phase with no repayments owing, as well, the net expenditures only include amounts disbursed on projects that have completed their R&D phase.
07-Jan-2004 333111 Ontario Limited 433,980 433,980 260,388
17-Jul-1997 Aar-Kel Moulds Ltd. 59,380 59,380 B
26-Mar-2002 Aastra Technologies Limited 9,900,000 9,093,142 2,394,758
26-Mar-2004 Adacel Inc. * 5,588,900 5,062,194 664,607
18-Sep-2002 Advanced Processing Inc. 367,335 367,331 275,501
17-Nov-1999 Advantech Satellite Networks Incorporated 2,000,000 2,000,000 B
28-Mar-2003 Aero-Safe Technologies Inc. 664,472 485,754 A
26-Mar-2003 Aérospatiale Hemmingford Inc. 330,750 282,100 176,313
15-Nov-1999 Aeterna Zentaris Inc. * 29,423,802 14,276,459 A
11-Nov-1998 Air Data Inc. 147,608 61,604 B
21-Mar-1997 Alcatel Networks Corporation 962,362 962,362 B
24-Mar-2004 A-Line Precision Tool Ltd. 372,680 372,680 B
05-Feb-2002 AMI Semiconductor Canada Company 4,600,000 4,598,262 2,776,337
02-Sep-2004 Apollo Microwaves Ltd. 753,600 749,561 471,000
15-Nov-1999 Aqua Bounty Canada Inc. 2,964,900 2,964,900 B
20-Feb-1997 Aquarius Flight Inc. 50,870 50,870 B
30-Mar-2004 ASCO Aerospace Canada Ltd. * 8,752,500 8,752,500 300,000
30-Sep-1999 Atlantis Systems Corp 1,235,800 331,232 B
28-Mar-2002 ATS Automation Tooling Systems Inc. 25,499,732 25,333,888 1,500,000
29-Aug-1997 Avcorp Industries Inc. * 8,912,215 8,563,834 4,451,098
01-Mar-2004 Avior Integrated Products Inc. 818,028 818,028 B
21-Jun-2004 Axys Technologies Inc. 2,012,024 2,012,024 251,951
27-Mar-2002 Azure Dynamics Inc. 9,000,000 8,971,433 785,131
29-Oct-1997 Ballard Power Systems Inc. 29,359,998 24,805,663 10,147,062
30-Mar-1998 Baultar Composite Inc. 446,479 446,479 B
29-Jul-2004 B-Con Engineering Inc. 900,000 868,969 297,242
17-Nov-2003 Bell Helicopter Textron Canada Limited * 116,020,000 680,000 B
17-Nov-1999 Bellus Health Inc. 7,885,846 7,867,652 B
30-Mar-2001 Bioniche Life Sciences Inc. * 17,200,000 960,000
31-Mar-2005 BioWest Therapeutics Inc. 9,265,620 1,133,076 A
20-Mar-1997 Bombardier * 141,837,593 139,582,652 176,225,091
03-Feb-1998 Bristol Aerospace Limited * 3,721,017 3,721,017 B
27-Mar-1997 CAE Inc. * 300,581,758 300,581,758 80,891,604
24-Feb-2004 Cajic Family Holdings Incorporated 446,445 446,445 133,934
09-Dec-1997 Cambrian Systems Corporation 2,287,500 2,287,500 B
24-Oct-2006 Camoplast Inc. 1,727,000 1,671,247 835,624
20-Jan-2003 Canadian Shipbuilding & Engineering Ltd. 4,500,000 1,981,256 B
05-Mar-2001 CaseBank Technologies Inc. * 5,777,814 5,774,844 968,765
24-Mar-2005 CellFor Inc. 9,800,000 9,800,000 10,000
30-Sep-2003 Cloakware Corporation 4,636,280 3,178,336 B
27-Mar-1997 CMC Electronics Inc. * 23,706,431 19,836,866 B
25-Mar-1997 Com Dev Ltd. * 4,260,114 4,260,114 1,086,448
17-Mar-2003 Composites Atlantic Limited 877,950 237,701 B
21-Dec-2001 Comtek Advanced Structures Ltd. 3,325,000 3,325,000 B
30-Jul-1997 Convedia Corporation 1,089,740 1,089,740 B
07-Aug-2001 Cormer Group Industries Inc. 998,000 998,000 598,800
05-Feb-2004 Cross and Associates Manufacturing Inc. 31,200 31,200 B
27-Mar-1997 Crystalline Manufacturing Limited 1,469,675 667,679 B
26-Jul-2002 CS Communication Et Systèmes Canada Inc. 93,880 93,880 93,880
31-Mar-2004 Cyclone Manufacturing Inc. 892,800 892,799 267,840
27-Mar-1997 Cymat Technologies Ltd. 3,357,550 3,357,550 318,769
17-Oct-1997 Daimler Buses North America Ltd. * 14,999,922 10,811,552 5,670,550
17-Nov-1999 Digital Energy Canada Inc. 8,715,900 8,715,899 1,897,299
26-Jul-2004 Dominis Engineering Ltd. 428,734 428,733 214,367
27-Mar-1998 DRS Technologies Canada Company 897,600 897,600 948,270
22-Sep-2005 D-Wave Systems Inc. 7,199,000 7,199,000 85,458
01-Aug-1997 DynaMotive Energy Systems Corporation 8,235,795 8,185,795 A
12-Dec-2001 E.I. Dupont Canada Company 8,993,932 8,993,932 A
22-Jun-2004 E.T.M. Industries Inc. 192,400 41,517 B
24-Feb-1999 Eastern Power Limited 6,805,000 6,328,796 B
16-Dec-2003 Edgewater Computer Systems, Inc. 2,408,000 2,407,990 B
31-Mar-2003 Electrovaya Inc. 9,870,498 9,870,498 B
17-Jun-2004 Elisen Technologies Inc. 218,800 161,456 60,546
04-Jun-2004 EMS Technologies Canada, Ltd. 4,622,032 4,622,032 1,282,978
28-Jul-1997 Environmental Acoustics Systems Limited 101,397 67,351 B
17-Oct-2003 Exactatherm Limited 499,050 499,050 A
14-Apr-2004 ExelTech YQB Inc. 803,500 756,132 18,596
27-Aug-2004 ExelTech YUL Inc. (3682986 Canada Inc.) 675,000 638,868 4,525
31-Mar-1999 Expro Chemical Products Inc. 1,792,883 1,520,920 B
31-Oct-1997 Fare Logistics Corp. 393,942 357,015 B
19-Mar-2004 Ferrinov Inc. 1,868,230 1,868,230 644
18-Jan-2002 Finition de Métal National N.M.F. (Canada) ltée [NMFC] 1,000,000 811,059 B
04-Sep-2002 Firebird Semiconductors Ltd. 1,143,894 1,143,894 303,870
08-Feb-2003 FLYHT Aerospace Solutions Ltd. 127,415 123,635 95,561
23-Mar-1998 Formal Systems Inc. 495,288 448,510 B
15-Oct-1996 FPInnovations * 18,000,000 18,000,000 6,190,576
03-Jan-2002 fSONA Communications Corporation 9,994,334 6,131,623 B
29-Mar-2001 FuelMaker Corporation 2,960,309 1,759,776 B
26-Mar-1998 Future Sea Technologies Inc. 3,000,000 3,000,000 B
15-Jul-2002 Futuretek-Bathurst Tool Inc. 871,875 871,875 A
30-Sep-1997 Gallium Visual Systems Inc. 2,242,500 2,242,500 280,779
05-Mar-2002 GasTOPS Ltd. * 2,070,700 2,069,998 116,934
22-Dec-1997 GE Water & Process Technologies Canada * 19,677,000 19,475,874 B
27-Mar-1997 General Dynamics Canada Ltd. 2,170,000 2,168,299 B
26-Mar-2003 General Dynamics Ordnance and Tactical Systems-Canada Inc. 2,626,196 2,626,196 488,421
27-Mar-1997 GFI Control Systems Inc. * 10,837,597 8,893,318 B
31-Mar-2003 GMA Cover, ULC 4,758,750 4,758,750 4,093,828
23-Aug-1999 Goodrich Aerospace Canada Ltd. * 50,217,500 50,045,167 6,776,650
29-Mar-2001 Guigne Inc. 4,864,400 2,430,703 B
17-Nov-1999 Haley Industries Limited 3,025,000 3,025,000 B
09-Jul-1998 Harris Stratex Networks Canada ULC * 18,138,000 15,827,922 5,011,659
30-Mar-1998 Héroux Devtek Inc. * 8,617,143 6,130,134 B
20-Dec-1996 Honeywell ASCa Inc. * 112,573,528 111,292,636 21,797,492
22-Oct-1998 Hydrogenics Corporation 7,243,748 6,767,638 25,000
21-May-2004 Hyperion Technologies Inc. 1,000,000 1,000,000 B
31-Mar-1999 IBM Canada Ltd. 33,000,000 33,000,000 B
31-Mar-2000 ID Biomedical Corporation * 85,938,680 29,102,063 20,928,750
26-Mar-1997 IDT Canada Incorporated * 7,396,000 7,282,985 B
21-Mar-2001 iFire Technology Ltd. 30,000,000 29,829,590 830,000
29-Sep-2000 Indal Technologies Inc. * 5,771,142 3,952,241 B
26-Jun-1997 Industrial Rubber Company Ltd. 476,000 381,528 B
08-Dec-2003 Infowave Software Inc. 6,196,075 1,797,628 B
17-Dec-2001 INSTRUMAR Limited 6,580,000 6,580,000 298,493
27-Jul-2004 Integran Technologies Inc. 3,427,200 3,427,200 A
30-Mar-2001 Intelligent Mechatronic Systems Inc. 2,999,414 2,813,227 B
21-Jan-2005 Interfast Inc. 925,125 925,125 462,563
30-Mar-1998 International Water-Guard Industries Inc * 625,705 269,012 398,347
09-Aug-2002 Intrinsyc Software Inc. 6,371,351 3,637,298 B
25-Apr-1997 Inventus Technology Inc 161,000 77,575 B
13-Jan-1999 Iogen Energy Corporation 17,691,633 17,691,633 A
08-Aug-2001 ITS Electronics Inc. 900,000 900,000 B
16-Nov-1999 Kiadis Pharma Canada Inc. 4,600,034 4,557,481 B
24-Mar-2004 Kongsberg Mesotech Ltd. 5,220,000 5,220,000 733,092
30-Mar-1998 Larcan Inc. 5,227,053 5,227,051 1,050,385
31-Mar-2004 LETAR Inc. 497,500 497,500 A
16-Sep-1996 Lex Technologies Inc. 750,000 675,000 B
24-Mar-2003 Likro Precision Ltd. 998,514 998,514 299,554
22-Nov-2006 Linamar Corporation 8,970,000 A
19-Dec-2001 Lockheed Martin Canada Inc. 4,560,600 4,560,600 B
19-Mar-2001 LPP Manufacturing Inc. 9,279,940 222,761 B
03-Dec-2003 Luminex Molecular Diagnostics Inc. 7,300,000 4,864,655 3,586,115
04-Mar-2004 Luxell Technologies Inc. * 2,042,552 1,967,066 B
31-Mar-1998 MacDonald, Dettwiler and Associates * 78,609,489 20,251,049 4,894,361
31-Mar-1997 Magellan Aerospace Limited * 22,077,750 20,034,849 1,881,794
13-Feb-1997 Maratek Environmental Inc. 482,922 482,922 10,432
20-Oct-2000 Mattson Technology Canada Inc. 8,336,507 8,336,507 B
25-Mar-2003 McLeod Harvest Inc. 3,013,500 1,651,620 B
28-Oct-1997 MDS Aero Support Corporation * 6,198,213 6,198,213 B
27-Mar-2003 MDS Coating Technologies Corporation * 3,267,786 3,251,790 B
29-Oct-2002 Mecachrome Montréal-Nord, Inc. 177,300 177,299 80,253
26-Sep-1997 Messier-Dowty Inc. * 73,240,009 73,168,028 B
22-Oct-1997 Methylgene Inc. 4,770,000 4,770,000 A
31-Mar-2004 MetroPhotonics Inc. 7,736,000 3,130,884 B
19-Sep-2006 Microsemi Semiconductor Corp. 7,150,737 7,149,654 1,121,099
30-Aug-2004 Minicut International Inc. 596,417 596,417 A
20-Dec-2006 Mist Mobility Integrated Systems Technology Inc. (MMIS) 8,993,000 A
10-Oct-2002 Mitel Networks Corporation 60,000,000 60,000,000 B
29-Jan-1999 Mosaid Technologies Incorporated 6,220,000 6,220,000 2,980,253
07-Dec-2005 Navistar Canada, Inc. 30,000,000 30,000,000 B
19-Mar-2001 Neptec Design Group Ltd. 6,150,000 6,149,998 1,938,811
25-Apr-1997 Newman Technologies Inc. * 1,294,670 1,294,670 B
27-Mar-2003 NGRAIN (Canada) Corporation * 12,000,000 7,000,000 866,405
22-Jul-2004 Noranco Inc. * 1,296,000 1,296,000 388,800
17-Oct-2000 Norsat International Inc. 9,999,700 9,999,695 1,183,660
17-Nov-1999 Northstar Aerospace (Canada) Inc. 1,432,832 1,432,832 B
27-Mar-2003 Novatronics Inc. * 2,100,683 2,100,085 314,122
09-Nov-1999 Nps Allelix Corp. 8,365,511 4,935,020 B
25-Jan-2002 OceanWorks International Corporation 554,176 554,176 B
15-Nov-1999 Offshore Systems Ltd. * 7,768,568 7,768,177 3,972,128
31-Mar-2004 OMNEX Control Systems ULC 7,500,000 7,499,999 1,723,090
21-Mar-2001 Optech Incorporated 6,826,478 6,826,478 B
19-Mar-1997 Oracle Corporation Canada Inc. 1,668,657 1,668,657 699,053
27-Mar-1997 Orenda Recip Inc. 8,381,000 8,381,000 B
31-Mar-2003 PCI Geomatics Enterprises Incorporated 5,563,240 5,563,224 514,349
31-Mar-2005 Petrobank Energy and Resources Ltd. 9,000,000 9,000,000 B
23-Jan-2004 Pirlitor Machine & Tool Ltd. 145,823 145,823 87,494
29-Mar-2005 Plug Power Canada Inc. * 2,819,217 2,819,217 B
14-Mar-1997 Powerlasers Limited. 1,230,569 1,230,569 677,016
06-Mar-1997 Pratt & Whitney Canada Corp. * 1,041,804,068 827,116,126 173,465,517
22-Sep-2006 Premier Horticulture ltée 6,077,027 5,784,202 156,641
22-Sep-2006 Premier Tech Chronos ltée / Systèmes Erin ltée 9,208,502 8,337,715 151,229
24-Jul-2002 Premier Tech Technologies Ltée * 13,808,470 13,808,470 241,916
09-Mar-1998 Presagis Canada Inc. * 4,464,000 4,452,906 31,974
19-May-1999 PRO MAC Manufacturing Ltd. 160,000 119,078 5,509
19-Jul-2002 PyroGenesis Inc. 5,594,200 1,357,884 B
24-Oct-2001 QNX Software Systems(Wavemakers), Inc. 4,418,283 2,585,808 194,084
31-Mar-2005 Quantiam Technologies Inc. 3,576,300 3,576,300 31,131
30-Mar-1998 Raytheon Canada Limited * 12,682,210 8,076,386 8,261,993
03-Dec-2001 Redline Communications Inc. 4,596,024 4,596,024 2,153,634
10-Jun-2003 Reil Industrial Enterprises Limited 415,125 415,124 A
27-Feb-1998 Research In Motion Limited * 39,631,096 39,631,096 B
21-Sep-2006 Rio Tinto Alcan Inc. 19,100,000 A
16-Jan-2002 Rivait Machine Tools Inc. 766,485 432,711 B
31-Mar-2000 Rolls-Royce Canada Limited * 75,200,000 45,200,000 12,859,041
30-May-2003 Sandvine Incorporated 9,500,000 9,500,000 9,009,098
15-May-1997 Sanofi Pasteur Limited 60,000,000 48,604,877 B
03-Aug-1998 SCC Environmental Inc. 491,552 491,552 B
31-Mar-2004 Schneider Electric Canada Inc. 7,200,000 5,650,106 7,600,000
30-Mar-2001 SemBioSys Genetics Inc 5,522,607 5,522,607 204,668
19-Oct-2000 Sierra Wireless Inc * 14,558,544 14,558,544 15,000,000
31-Mar-2003 SkyWave Mobile Communications Inc. 5,250,000 5,250,000 385,770
08-Mar-1999 Société d'Imagerie Electromed Inc. 499,995 499,995 B
15-Jul-2005 Soucy International Inc. 8,901,300 8,901,300 826,135
29-Mar-2004 Spectral Diagnostics Inc. 3,900,000 1,903,950 A
28-Mar-2003 St. John's Dockyard Limited 4,042,500 4,042,500 67,264
31-Mar-1998 Suncor Energy Inc. * 8,800,000 8,139,752 B
24-Sep-2001 Taylor-Corp. Inc. 860,000 823,554 B
10-Nov-2003 Technologies HumanWare Inc. 3,937,500 3,937,500 718,561
12-Nov-1999 Tekmira Pharmaceuticals Corporation 9,329,912 3,701,570 A
31-Jul-2002 Teledyne Dalsa, Inc. 2,738,069 2,738,069 4,101
06-Dec-2002 TFI Aerospace Corporation 460,300 460,299 B
14-Nov-1997 Thales Canada Inc. * 19,890,000 19,890,000 12,797,910
15-Nov-1999 Thermo CRS Ltd. 1,120,761 1,120,761 B
05-Nov-2001 TIR Systems Ltd 6,636,271 6,636,271 B
29-Aug-2001 Trojan Technologies * 4,719,811 4,699,772 5,138,456
31-Mar-2003 Vale Newfoundland & Labrador Limited 60,000,000 A
18-Dec-2006 Valiant Machine & Tool Inc 6,071,693 1,080,452 108,045
27-Oct-2002 Vanguard Aviation Corp. 117,580 23,943 B
30-Mar-1999 Vecima Networks Inc. * 14,599,616 14,259,050 B
16-Sep-2005 Vector Aerospace Helicopter Services Inc. 3,520,200 3,509,249 659,297
12-Oct-2001 Viking Air Limited 191,800 191,800 115,080
03-Oct-2005 Viron Therapeutics Inc. 4,938,825 4,938,825 A
03-Feb-1998 Vistar Telecommunications Inc. 941,462 881,297 B
18-Dec-2006 ViXS Systems Inc. 9,152,880 9,152,879 A
24-Apr-1997 Walbar Canada Inc. 976,031 476,031 B
27-Mar-2003 Westport Innovations Inc. 18,912,010 18,912,010 B
31-Mar-2003 Wi-LAN Incorporated 8,754,648 4,460,372 B
02-Nov-2001 World Heart Corporation 9,980,000 9,980,000 419,139
31-Mar-1999 Xebec Adsorption Inc. * 13,087,267 13,087,264 1,020,061
13-Feb-2004 Yotta Yotta Inc. 7,673,513 7,673,512 B

Explanatory notes:

  • Contribution Date: is the date that a company signed its contribution agreement. If a company has more than one project, the date indicated is the earliest contribution agreement signing date.
  • Company: is the name of the legal entity which currently has one or more TPC contribution agreements.
  • Authorized Assistance: represents the maximum amount contracted at the time of the initial contribution agreement. As the R&D progresses and a project reaches its conclusion the final disbursed amount could be much lower.
  • Net Expenditures: represents the total amounts disbursed toward projects that have completed their R&D phase, net of any recoveries. Amounts are not provided until completion of the R&D phase to protect commercial confidentiality.
  • Repayments: represents the amount collected to date and/or the information that a company has allowed ITO to disclose. Should a company have several contribution agreements its decision to disclose repayments may not extend to all TPC projects. In some cases, the repayment obligations of a TPC contribution required a company to provide share warrants to the Government as partial or full repayment. Warrants, which may be sold, are a right to acquire the company shares at a certain price for a period of time. If warrants are sold, the sale amount received is recorded as a repayment.
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