Innovation, Science and Economic Development Canada · Other transfer payment program
SFF - Interest Rate Support (IRS)
- Total value
- $37.2M
- Agreements
- 15
- Apr 2006 to Mar 2014
- Median agreement
- $1.8M
- Typical range
- $1.1M–$3.5M
- the middle half of agreements
Federal grants and contributions, agreements starting Jan 2006 to Oct 2026, each counted once at its latest amended value. Source: Treasury Board proactive disclosure, published October 11, 2026.
See every record for this program on the government’s search. How to apply: look up the program on Innovation, Science and Economic Development Canada’s website.
Who got it
Organizations with the most funding under this program.
| Recipient | Agreements | Total |
|---|---|---|
| Le Groupe Océan Inc. | 4 | $9.9M |
| British Columbia Ferry Services Inc. | 3 | $7.8M |
| Nordane Shipping A/S | 1 | $7.2M |
| Neptune Seismic AS (Seismic) | 1 | $3.8M |
| Océan Remorquage Québec Inc. | 1 | $3.6M |
| Atlantic Reyser Inc | 1 | $2.8M |
| Hornblower Canada Co | 1 | $1.3M |
| Traverse Oka Inc. | 1 | $618K |
| Excursions Maritimes Charlevoix Inc. | 1 | $90K |
| Atlantis Adventures (Cayman) Ltd. | 1 | $49K |
By year
Agreements by the year they started.
| Year | Agreements | Total |
|---|---|---|
| 2006 | 2 | $139K |
| 2007 | 3 | $7.2M |
| 2008 | 3 | $13.7M |
| 2009 | 2 | $4.5M |
| 2010 | 1 | $1.8M |
| 2012 | 3 | $6.3M |
| 2014 | 1 | $3.6M |
By province
| Province or territory | Agreements | Total |
|---|---|---|
| Quebec | 8 | $14.3M |
| British Columbia | 3 | $7.8M |
| Prince Edward Island | 1 | $7.2M |
| Nova Scotia | 1 | $3.8M |
| New Brunswick | 1 | $2.8M |
| Ontario | 1 | $1.3M |
By type of recipient
As the department classified the recipient.
| Recipient type | Agreements | Total |
|---|---|---|
| For-profit organizations | 15 | $37.2M |
Industries funded
Where the department recorded an industry code (NAICS). Most agreements have none.
| Industry group | Agreements | Total |
|---|---|---|
| Ship and boat building | 15 | $37.2M |
Latest agreements
| Start | Recipient | What for | Value |
|---|---|---|---|
| Mar 2014 | Océan Remorquage Québec Inc. | Other transfer payment | $3,595,500 |
| Dec 2012 | Hornblower Canada Co | Other transfer payment | $1,266,060 |
| Jun 2012 | Le Groupe Océan Inc. | Other transfer payment | $3,399,156 |
| Apr 2012 | Le Groupe Océan Inc. | Other transfer payment | $1,590,000 |
| Mar 2010 | British Columbia Ferry Services Inc. | Other transfer payment | $1,840,414 |
| Oct 2009 | British Columbia Ferry Services Inc. | Other transfer payment | $1,012,092 |
| May 2009 | Le Groupe Océan Inc. | Other transfer payment | $3,440,400 |
| Jun 2008 | Le Groupe Océan Inc. | Other transfer payment | $1,500,000 |
| Mar 2008 | Nordane Shipping A/S | Other transfer payment | $7,170,000 |
| Jan 2008 | British Columbia Ferry Services Inc. | Other transfer payment | $4,984,000 |
| Apr 2007 | Traverse Oka Inc. | Other transfer payment | $617,676 |
| Mar 2007 | Neptune Seismic AS (Seismic) | Other transfer payment | $3,822,000 |
| Mar 2007 | Atlantic Reyser Inc | Other transfer payment | $2,790,000 |
| Jun 2006 | Atlantis Adventures (Cayman) Ltd. | Other transfer payment | $49,308 |
| Apr 2006 | Excursions Maritimes Charlevoix Inc. | Other transfer payment | $89,880 |