BOREALIS GEOPOWER INC.: federal grants and contributions

Updated 12 October 2026 · Calgary|Calgary, AB · grants and contributions register · Calgary Centre

BOREALIS GEOPOWER INC.: federal grants and contributions: 10 agreements; $4.5M value; 3 departments; 5 programs.

Assay record ASY-CA-1FAEVG21F5 · Cite as: Assay Systems, “BOREALIS GEOPOWER INC.: federal grants and contributions”, https://assay-systems.com/register/ca/grants/r/borealis-geopower-inc/

$
10agreements
$4.5Mvalue
3departments
5programs

Largest agreements

Agreement$1.5Mvalue2017start–end
CANADA'S GEOTHERMAL VILLAGE - SUSTAINAVILLE GEOPARK$1.3Mvalue2017start2019end

The purpose of this agreement is to prove the viability of a geothermal reservoir for power generation in the vicinity of Valemount, British Columbia, through drilling, well testing and a power plant grid connection demonstration.

Agreement$541Kvalue2017start–end
000017144$500Kvalue2020start2021end

Support for Borealis Geopower Inc. to Continue Operations During the COVID-19 Pandemic

Agreement$200Kvalue2015start–end
Ground truth the Borealis geothermal demonstration project at Valemount site.$140Kvalue2018start2019end

Ground truth the Borealis geothermal predictive model to characterize the geological structures present as well as the physical properties of the geothermal system on the Valemount project site.

15317$100Kvalue2019start2021end

Implement geomatics technology to promote the growth of geothermal energy in Canada

YEP - geothermal exploration$60.0Kvalue2021start2023end

Canada's increasing commitment to mitigating climate change has created a need to evaluate emerging regulatory conditions in the Provinces and Territories where we work and market our services. This, along with the growing unsolicited interest from companies wishing to invest/partner/co-market skills, has created the opportunity to onboard and maintain full time team-mates.

Agreement$34.0Kvalue2012start–end
Green Youth (2) - Borealis geothermal demonstration project at Valemount site.$20.0Kvalue2018start2019end

Supporting the commercialization and operations of the optimized geothermal exploration (OGE) pilot undertaken by Borealis Geopower Inc.

Departments

Natural Resources Canada3agreements$3.4Mvalue1programs
  • Innovation and Clean Growth in the Natural Resource Sectors

All grants from Natural Resources Canada

Western Economic Diversification Canada2agreements$600Kvalue1programs
  • Regional Economic Growth through Innovation

All grants from Western Economic Diversification Canada

National Research Council Canada5agreements$454Kvalue3programs
  • Industrial Research Assistance Program – Contributions to Firms
  • Industrial Research Assistance Program – Youth Employment Program
  • Industrial Research Assistance Program – Green Youth Employment Program

All grants from National Research Council Canada

Years

20211agreements$60.0Kvalue1programs
  • Industrial Research Assistance Program – Youth Employment Program
20201agreements$500Kvalue1programs
  • Regional Economic Growth through Innovation
20191agreements$100Kvalue1programs
  • Regional Economic Growth through Innovation
20182agreements$160Kvalue2programs
  • Industrial Research Assistance Program – Contributions to Firms
  • Industrial Research Assistance Program – Green Youth Employment Program
20173agreements$3.4Mvalue1programs
  • Innovation and Clean Growth in the Natural Resource Sectors
20151agreements$200Kvalue0programs
    20121agreements$34.0Kvalue0programs

      Contains information licensed under the Open Government Licence – Canada. Source: Government of Canada proactive disclosure of grants and contributions (open.canada.ca, dataset 432527ab-7aac-45b5-81d6-7597107a7013), 1,327,352 rows as published, collapsed to one agreement per agreement number (per reference number where none is given) at its latest amendment, which carries the full agreement value. Years are the agreement start year. Agreements with individuals are counted but not named.