Technology Partnerships Canada (TPC) Repayment Status Report

November 1, 2017

The following is a semi-annual status report to enhance transparency of a key 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 benefits phase – the period in which a product, or a technology, could generate revenue for the company. In such cases, repayments would flow back to the program according to the terms and conditions of the company's contribution agreement.

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: 97
  • R&D phase projects (repayments are not yet due): 1
  • Benefits phase projects (subject to repayments): 96
  • Total authorized assistance for all projects: $3.37 billion
  • Total disbursements to date: $3.17 billion
  • Total cumulative repayments to date: $1.54 billion
  • Total repayments collected to date in 2017-18: $26.4 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 active project(s).

B: Indicates that the company has not provided ISED with an authorization to disclose repayment information. Repayment details are protected under TPC agreements signed prior to August 2006.

07-Jan-04 333111 Ontario Limited 433,980 433,980 390,582
04-Sep-02 5N Plus Inc. 1,143,894 1,143,894 803,870
17-Jul-97 Aar-Kel Moulds Ltd. 59,380 59,380 B
26-Mar-02 Aastra Technologies Limited 9,900,000 8,829,019 2,819,198
26-Mar-04 Adacel Inc.Footnote * 5,588,900 5,062,194 4,772,065
18-Sep-02 Advanced Processing Inc. 367,335 367,331 422,435
17-Nov-99 Advantech Satellite Networks Incorporated 2,000,000 2,000,000 B
28-Mar-03 Aero-Safe Technologies Inc. 664,472 485,754 0
26-Mar-03 Aérospatiale Hemmingford Inc. 330,750 282,100 282,100
15-Nov-99 Aeterna Zentaris Inc.Footnote * 29,423,802 14,276,459 0
11-Nov-98 Air Data Inc. 147,608 61,604 B
21-Mar-97 Alcatel Networks Corporation 962,362 962,362 B
24-Mar-04 A-Line Precision Tool Ltd. 372,680 372,680 B
05-Feb-02 AMI Semiconductor Canada Company 4,600,000 4,598,262 3,221,330
02-Sep-04 Apollo Microwaves Ltd. 753,600 749,561 749,561
15-Nov-99 Aqua Bounty Canada Inc. 2,964,900 2,964,900 B
20-Feb-97 Aquarius Flight Inc. 50,870 50,870 B
12-Nov-99 Arbutus Biopharrma Corporation 9,329,912 3,701,570 21,432
30-Mar-04 ASCO Aerospace Canada Ltd.Footnote * 8,752,500 8,752,500 2,683,491
30-Sep-99 Atlantis Systems Corp 1,235,800 331,232 B
28-Mar-02 ATS Automation Tooling Systems Inc. 23,833,888 23,333,858 1,500,000
29-Aug-97 Avcorp Industries Inc.Footnote * 8,912,215 8,563,834 4,840,920
01-Mar-04 Avior Integrated Products Inc. 818,028 818,028 B
21-Jun-04 Axys Technologies Inc. 2,012,024 2,012,024 706,794
27-Mar-02 Azure Dynamics Inc. 9,000,000 8,971,433 785,131
29-Oct-97 Ballard Power Systems Inc. 29,359,998 24,805,663 12,077,062
30-Mar-98 Baultar Composite Inc. 446,479 446,479 B
29-Jul-04 B-Con Engineering Inc. 900,000 868,969 818,969
17-Nov-03 Bell Helicopter Textron Canada LimitedFootnote * 57,345,663 57,345,663 B
17-Nov-99 BHI Limited Partnership 7,885,846 7,867,652 B
26-Mar-97 BombardierFootnote * 141,837,593 139,582,652 186,367,371
03-Feb-98 Bristol Aerospace LimitedFootnote * 3,721,017 3,721,017 B
27-Mar-97 CAE Inc.Footnote * 300,581,758 300,581,758 116,874,559
24-Feb-04 Cajic Family Holdings Incorporated 446,445 446,445 200,900
09-Dec-97 Cambrian Systems Corporation 2,287,500 2,287,500 B
24-Oct-06 Camoplast Solideal Inc. 1,727,000 1,671,247 1,671,247
20-Jan-03 Canadian Shipbuilding & Engineering Ltd. 4,500,000 1,981,256 B
31-Mar-05 Carrus Capital Corporation 9,265,620 1,133,076 0
05-Mar-01 CaseBank Technologies Inc.Footnote * 5,777,814 5,774,844 2,176,355
24-Mar-05 CellFor Inc. 9,800,000 9,800,000 5,000
30-Sep-03 Cloakware Corporation 4,636,280 3,178,336 B
27-Mar-97 CMC Electronics Inc.Footnote * 23,706,431 19,836,867 B
25-Mar-97 Com Dev Ltd.Footnote * 4,260,114 4,260,114 1,430,901
21-Dec-01 Comtek Advanced Structures Ltd. 3,325,000 3,325,000 B
30-Jul-97 Convedia Corporation 1,089,740 1,089,740 B
07-Aug-01 Cormer Group Industries Inc. 998,000 998,000 598,800
05-Feb-04 Cross and Associates Manufacturing Inc. 31,200 31,200 B
27-Mar-97 Crystalline Manufacturing Limited 1,469,675 667,679 B
26-Jul-02 CS Communication Et Systèmes Canada Inc. 93,880 93,880 93,880
31-Mar-04 Cyclone Manufacturing Inc. 892,800 892,799 937,440
27-Mar-97 Cymat Technologies Ltd. 3,357,550 3,357,550 318,769
17-Oct-97 Daimler Buses North America Ltd.Footnote * 14,999,922 10,811,552 5,772,776
17-Nov-99 Digital Energy Canada Inc. 8,715,900 8,715,899 1,897,299
26-Jul-04 Dominis Engineering Ltd. 428,734 428,733 428,733
27-Mar-98 DRS Technologies Canada Company 897,600 897,600 1,155,168
22-Sep-05 D-Wave Systems Inc. 7,199,000 7,199,000 2,501,327
01-Aug-97 DynaMotive Energy Systems Corporation 8,235,795 8,185,795 0
12-Dec-01 E.I. Dupont Canada Company 8,993,932 8,993,932 A
22-Jun-04 E.T.M. Industries Inc. 192,400 41,517 B
24-Feb-99 Eastern Power Limited 6,805,000 6,328,796 B
16-Dec-03 Edgewater Computer Systems, Inc. 2,408,000 2,407,990 B
31-Mar-03 Electrovaya Inc. 9,870,498 9,870,498 B
17-Jun-04 Elisen Technologies Inc. 218,800 161,456 60,546
04-Jun-04 EMS Technologies Canada, Ltd. 4,622,032 4,622,032 4,515,768
28-Jul-97 Environmental Acoustics Systems Limited 101,397 67,351 B
17-Oct-03 Exactatherm Limited 499,050 499,050 0
14-Apr-04 ExelTech YQB Inc. 803,500 756,132 18,596
27-Aug-04 ExelTech YUL Inc. (3682986 Canada Inc.) 675,000 638,868 4,525
31-Mar-99 Expro Chemical Products Inc. 1,792,883 1,520,920 B
31-Oct-97 Fare Logistics Corp. 393,942 357,015 B
19-Mar-04 Ferrinov Inc. 1,868,230 1,868,230 644
18-Jan-02 Finition de Métal National N.M.F. (Canada) ltée [NMFC] 1,000,000 811,059 B
08-Feb-03 FLYHT Aerospace Solutions Ltd. 127,415 123,635 129,817
23-Mar-98 Formal Systems Inc. 495,288 448,510 B
15-Oct-96 FPInnovationsFootnote * 18,000,000 18,000,000 6,992,765
03-Jan-02 fSONA Communications Corporation 9,994,334 6,131,623 B
29-Mar-01 FuelMaker Corporation 2,960,309 1,759,776 B
26-Mar-98 Future Sea Technologies Inc. 3,000,000 3,000,000 B
15-Jul-02 Futuretek-Bathurst Tool Inc. 871,875 871,875 0
30-Sep-97 Gallium Visual Systems Inc. 2,242,500 2,242,500 280,779
05-Mar-02 GasTOPS Ltd.Footnote * 2,070,700 2,069,998 379,842
22-Dec-97 GE Water & Process Technologies CanadaFootnote * 19,677,000 19,475,874 B
27-Mar-97 General Dynamics Canada Ltd. 2,170,000 2,168,299 B
26-Mar-03 General Dynamics Ordnance and Tactical Systems-Canada Inc. 2,626,196 2,626,196 488,421
31-Mar-03 GMA Cover, ULC 4,758,750 4,758,750 4,093,828
23-Aug-99 Goodrich Aerospace Canada Ltd.Footnote * 50,217,500 50,045,167 14,197,940
29-Mar-01 Guigne Inc. 4,864,400 2,430,703 B
17-Nov-99 Haley Industries Limited 3,025,000 3,025,000 B
09-Jul-98 Harris Stratex Networks Canada ULCFootnote * 18,138,000 15,827,922 5,011,659
30-Mar-98 Héroux-Devtek Inc.Footnote * 8,617,143 6,130,134 B
20-Dec-96 Honeywell ASCa Inc.Footnote * 112,573,528 111,292,636 38,215,822
22-Oct-98 Hydrogenics Corporation 7,243,748 6,767,638 25,000
21-May-04 Hyperion Technologies Inc. 1,000,000 1,000,000 B
31-Mar-99 IBM Canada Ltd. 33,000,000 33,000,000 B
31-Mar-00 ID Biomedical CorporationFootnote * 85,938,680 27,060,859 20,928,750
26-Mar-97 IDT Canada IncorporatedFootnote * 7,396,000 7,282,985 B
21-Mar-01 iFire Technology Ltd. 30,000,000 29,829,590 830,000
27-Mar-97 IMPCO Technologies Canada Inc.Footnote * 10,837,597 8,893,318 B
29-Sep-00 Indal Technologies Inc.Footnote * 4,816,590 4,816,574 B
26-Jun-97 Industrial Rubber Company Ltd. 476,000 381,528 B
08-Dec-03 Infowave Software Inc. 6,196,075 1,797,628 B
17-Dec-01 INSTRUMAR Limited 6,580,000 6,580,000 595,520
27-Jul-04 Integran Technologies Inc. 3,427,200 3,427,200 373,916
30-Mar-01 Intelligent Mechatronic Systems Inc. 2,999,414 2,813,227 B
30-Mar-98 International Water-Guard Industries IncFootnote * 625,705 269,012 398,347
09-Aug-02 Intrinsyc Software Inc. 6,371,351 3,437,298 B
25-Apr-97 Inventus Technology Inc 161,000 77,575 B
13-Jan-99 Iogen Energy CorporationFootnote * 17,691,633 17,691,633 400,863
08-Aug-01 ITS Electronics Inc. 900,000 900,000 B
16-Nov-99 Kiadis Pharma Canada Inc. 4,600,034 4,557,481 B
24-Mar-04 Kongsberg Mesotech Ltd. 5,220,000 5,220,000 1,872,825
30-Mar-98 Larcan Inc. 5,227,053 5,227,051 1,061,552
31-Mar-04 LETAR Inc. 497,500 497,500 74,625
16-Sep-96 Lex Technologies Inc. 750,000 675,000 B
24-Mar-03 Likro Precision Ltd. 998,514 998,514 299,554
22-Nov-06 Linamar Corporation 8,970,000 8,970,000 3,588,000
19-Dec-01 Lockheed Martin Canada Inc. 4,560,600 4,539,980 B
19-Mar-01 LPP Manufacturing Inc. 9,279,940 222,761 B
03-Dec-03 Luminex Molecular Diagnostics Inc. 7,300,000 4,864,655 6,497,313
04-Mar-04 Luxell Technologies Inc.Footnote * 2,042,552 1,967,066 B
31-Mar-98 MacDonald, Dettwiler and AssociatesFootnote * 78,609,489 29,862,510 6,259,954
31-Mar-97 Magellan Aerospace LimitedFootnote * 22,077,750 20,034,849 4,917,928
13-Feb-97 Maratek Environmental Inc. 482,922 482,922 10,432
20-Oct-00 Mattson Technology Canada Inc. 8,336,507 8,336,507 B
25-Mar-03 McLeod Harvest Inc. 3,013,500 1,651,620 B
28-Oct-97 MDS Aero Support CorporationFootnote * 6,198,213 6,198,213 B
27-Mar-03 MDS Coating Technologies CorporationFootnote * 3,267,786 3,251,790 B
29-Oct-02 Mecachrome Montréal-Nord, Inc. 177,300 177,299 80,253
22-Oct-97 Methylgene Inc. 4,770,000 4,770,000 0
31-Mar-04 MetroPhotonics Inc. 7,736,000 3,130,884 B
19-Sep-06 Microsemi Semiconductor ULC 7,150,737 7,149,654 6,404,769
30-Aug-04 Minicut International Inc. 596,417 596,417 0
20-Dec-06 Mist Mobility Integrated Systems Technology Inc. (MMIS) 7,087,500 7,087,500 A
10-Oct-02 Mitel Networks Corporation 60,000,000 60,000,000 B
21-Jan-05 MLG Inc. 925,125 925,125 925,125
29-Jan-99 Mosaid Technologies Incorporated 6,220,000 6,220,000 2,980,253
07-Dec-05 Navistar Canada, Inc. 30,000,000 29,999,590 B
19-Mar-01 Neptec Design Group Ltd. 6,150,000 6,149,998 2,504,374
25-Apr-97 Newman Technologies Inc.Footnote * 1,294,670 1,294,670 B
27-Mar-03 NGRAIN (Canada) CorporationFootnote * 12,000,000 12,000,000 1,578,449
22-Jul-04 Noranco Inc.Footnote * 1,296,000 1,296,000 1,241,145
17-Oct-00 Norsat International Inc. 9,999,700 9,999,695 1,178,863
17-Nov-99 Northstar Aerospace (Canada) Inc. 1,432,832 1,432,832 B
27-Mar-03 Novatronics Inc.Footnote * 2,100,683 2,100,085 732,930
09-Nov-99 Nps Allelix Corp. 8,365,511 4,935,020 B
25-Jan-02 OceanWorks International Corporation 554,176 554,176 B
31-Mar-04 OMNEX Control Systems ULC 7,500,000 7,499,999 3,166,294
19-Mar-97 Oracle Corporation Canada Inc. 1,668,657 1,668,657 699,053
27-Mar-97 Orenda Recip Inc. 8,381,000 8,381,000 B
15-Nov-99 OSI Maritime Systems Ltd.Footnote * 7,768,568 7,768,177 7,277,899
31-Mar-03 PCI Geomatics Enterprises Incorporated 5,563,240 5,563,224 1,382,170
23-Jan-04 Pirlitor Machine & Tool Ltd. 145,823 145,823 109,367
29-Mar-05 Plug Power Canada Inc.Footnote * 2,819,217 2,819,217 B
14-Mar-97 Powerlasers Limited. 1,230,569 1,230,569 677,016
06-Mar-97 Pratt & Whitney Canada Corp.Footnote * 1,041,804,068 1,040,116,125 650,645,733
22-Sep-06 Premier Horticulture ltée 6,077,027 5,784,202 1,356,538
22-Sep-06 Premier Tech Chronos ltée / Systèmes Erin ltée 9,208,502 8,337,715 1,473,463
24-Jul-02 Premier Tech Technologies LtéeFootnote * 13,808,470 13,808,470 1,165,362
09-Mar-98 Presagis Canada Inc.Footnote * 4,464,000 4,452,906 31,974
19-May-99 PRO MAC Manufacturing Ltd. 160,000 119,078 5,509
19-Jul-02 PyroGenesis Inc. 5,594,200 1,357,884 B
24-Oct-01 QNX Software Systems(Wavemakers), Inc. 4,418,283 2,585,808 194,084
31-Mar-05 Quantiam Technologies Inc. 3,576,300 3,576,300 206,794
30-Mar-98 Raytheon Canada LimitedFootnote * 12,682,210 8,076,386 9,789,813
03-Dec-01 Redline Communications Inc. 4,596,024 4,596,024 2,153,634
10-Jun-03 Reil Industrial Enterprises Limited 415,125 415,124 0
27-Feb-98 Research In Motion LimitedFootnote * 39,631,096 39,631,096 B
21-Sep-06 Rio Tinto Alcan Inc. 19,100,000 19,100,000 3,820,000
16-Jan-02 Rivait Machine Tools Inc. 766,485 432,711 B
26-Sep-97 Safran Landing Systems Canada Inc.Footnote * 73,240,009 73,168,028 12,244,853
30-May-03 Sandvine Incorporated 9,500,000 9,500,000 13,944,573
15-May-97 Sanofi Pasteur Limited 60,000,000 48,604,877 B
03-Aug-98 SCC Environmental Inc. 491,552 491,552 B
31-Mar-04 Schneider Electric Canada Inc. 7,200,000 5,650,106 7,600,000
30-Mar-01 SemBioSys Genetics Inc 5,522,607 5,522,607 204,668
31-Mar-00 SIEMENS CANADA LIMITEDFootnote * 75,200,000 75,200,000 21,650,023
19-Oct-00 Sierra Wireless IncFootnote * 14,558,544 14,558,544 15,500,000
31-Mar-03 SkyWave Mobile Communications Inc. 5,250,000 5,250,000 453,007
08-Mar-99 Société d'Imagerie Electromed Inc. 499,995 499,995 B
15-Jul-05 Soucy International Inc. 8,901,300 8,901,300 5,078,398
29-Mar-04 Spectral Diagnostics Inc. 3,900,000 1,903,950 0
17-Mar-03 Stelia Aerospace North America Inc. 877,950 237,701 B
28-Mar-03 St. John's Dockyard Limited 4,042,500 4,042,500 79,176
31-Mar-98 Suncor Energy Inc.Footnote * 8,800,000 8,139,752 B
24-Sep-01 Taylor-Corp. Inc. 860,000 823,554 B
10-Nov-03 Technologies HumanWare Inc. 3,937,500 3,937,500 1,926,323
31-Jul-02 Teledyne Dalsa, Inc. 2,738,069 2,738,069 4,101
21-Mar-01 Teledyne Optech Incorporated 6,826,478 6,826,478 B
30-Mar-01 Telesta Therapeutics Inc.Footnote * 16,929,892 16,929,892 4,320,000
06-Dec-02 TFI Aerospace Corporation 460,300 460,299 B
14-Nov-97 Thales Canada Inc.Footnote * 19,890,000 19,890,000 16,982,240
15-Nov-99 Thermo CRS Ltd. 1,120,761 1,120,761 B
05-Nov-01 TIR Systems Ltd 6,636,271 6,636,271 B
31-Mar-05 Touchstone Exploration Inc. 9,000,000 9,000,000 B
29-Aug-01 Trojan TechnologiesFootnote * 4,719,811 4,699,772 5,138,456
31-Mar-03 Vale Newfoundland & Labrador Limited 60,000,000 60,000,000 A
18-Dec-06 Valiant Machine & Tool Inc 6,071,693 1,080,452 648,271
27-Oct-02 Vanguard Aviation Corp. 117,580 23,943 B
30-Mar-99 Vecima Networks Inc.Footnote * 14,599,616 14,259,050 B
16-Sep-05 Vector Aerospace Helicopter Services Inc. 3,520,200 3,509,249 1,962,056
12-Oct-01 Viking Air Limited 191,800 191,800 172,620
03-Oct-05 Viron Therapeutics Inc. 4,938,825 4,938,825 0
03-Feb-98 Vistar Telecommunications Inc. 941,462 881,297 B
18-Dec-06 ViXS Systems Inc. 9,152,880 9,152,879 0
24-Apr-97 Walbar Canada Inc. 976,031 476,031 B
27-Mar-03 Westport Fuel Systems Inc. 18,912,010 18,912,010 B
31-Mar-03 Wi-LAN Incorporated 8,754,648 4,460,372 B
02-Nov-01 World Heart Corporation 9,980,000 9,980,000 419,139
31-Mar-99 Xebec Adsorption Inc.Footnote * 13,087,267 13,087,264 1,020,061
13-Feb-04 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, or the contribution agreement's latest amended assistance amount. As the R&D progresses and a project reaches its conclusion, the final disbursed amount could be much lower.
  • Net Expenditures: represents the final amounts disbursed toward projects that have completed their R&D phase. 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 ISED 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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