PacifiCan invests $17 million to support business growth across B.C.
2025-01-31 19:45
PacifiCan, a federal economic development agency, is investing $17 million to support business growth and innovation across British Columbia. The investment will be used to provide funding to businesses in a variety of sectors, including technology, tourism, and manufacturing.
The funding will be delivered through PacifiCan’s suite of business support programs, which include:
- The Business Growth Fund: This program provides funding to small and medium-sized businesses to help them grow and expand their operations.
- The Innovation Fund: This program provides funding to businesses to help them develop and commercialize new products and services.
- The Tourism Fund: This program provides funding to tourism businesses to help them develop and market new products and services.
- The Manufacturing Fund: This program provides funding to manufacturing businesses to help them adopt new technologies and processes.
“PacifiCan is committed to supporting the growth of businesses in British Columbia,” said the Honourable Harjit S. Sajjan, Minister of International Development and Minister responsible for PacifiCan. “This investment will help businesses create jobs, innovate, and contribute to the economic prosperity of the province.”
The investment is part of the Government of Canada’s commitment to supporting economic development in British Columbia. The government has committed to invest over $2 billion in the province over the next 10 years.
“This investment is a significant boost to the British Columbia economy,” said Bruce Ralston, Minister of Jobs, Economic Recovery and Innovation. “It will help businesses create jobs, innovate, and contribute to the province’s economic recovery.”
Businesses interested in applying for funding from PacifiCan can visit the agency’s website at www.pacifiCan.gc.ca.
PacifiCan invests $17 million to support business growth across B.C.
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