Canada Foundation for Innovation

About Canada Foundation for Innovation

The Canada Foundation for Innovation (CFI) invests in state-of-the-art facilities and equipment at Canadian universities, colleges, research hospitals, and non-profit research institutions. Their mission is to mobilize knowledge, spur innovation and commercialization, and empower the next generation of talented minds through research infrastructure funding.

Products & Services

John R. Evans Leaders Fund (JELF):A funding program to support researchers with infrastructure needs at Canadian institutions.

Innovation Fund:Supports innovative research projects to drive progress and development in Canada.

College Fund:Provides funding for research infrastructure at colleges to enhance applied research.

Major Science Initiatives Fund (MSIF):Funds large-scale science initiatives to support cutting-edge research in Canada.

Exceptional Opportunities Fund (EOF):Offers funding for unique, time-sensitive research opportunities.

Biosciences Research Infrastructure Fund (BRIF):Supports infrastructure for biosciences research to advance scientific discovery.

Northern Fund:Focuses on research infrastructure needs in Northern Canada.

Infrastructure Operating Fund (IOF):Provides operational support for maintaining research infrastructure.

Specialties

Research Infrastructure Innovation and Commercialization Academic Research Support Strategic Investments in National Priorities Research Security

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Grant T: - FT: Grant	A: 10979852 MR: - FA: $10,979,852 FAN: 10979852	D: 2025-10-22 FD: 2025-10-22	1 investors
2	RT: Grant T: - FT: Grant	A: 133624785 MR: - FA: 133,624,785 FAN: 133624785	D: 2025-10-10 FD: 2025-10-10	1 investors
3	RT: Grant T: - FT: Grant	A: 361500000 MR: - FA: $361.5 million FAN: 361500000	D: 2024-05-06 FD: 2024-05-06	2 investors
4	RT: Grant T: - FT: Grant	A: 515300000 MR: - FA: more than $515 million FAN: 515300000	D: 2024-03-13 FD: 2024-03-13	2 investors
5	RT: Grant T: - FT: Grant	A: 113456009 MR: - FA: $113,456,009 FAN: 113456009	D: 2023-08-29 FD: 2023-08-29	1 investors

Grant Latest

2025-10-22

$11.0M

1 investor (Pro only)

Grant 2025-10-10

$133.6M

Grant 2024-05-06

$361.5M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

S

Sophie Bouffard

President of Université de Saint-Boniface

J

Joanne Gassman

Former Senior Vice-President, B.C. and Yukon Division, Personal and Commercial Banking, Bank of Montreal

L

Lorne Babiuk

Retired, Past Vice-President Research, University of Alberta

M

Martha Cargo

J

Jean-Paul Deveau

President and CEO, Acadian Seaplants Limited

E

Elizabeth Douville

General Partner and co-founder, AmorChem

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