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  • Innovation Rebate Program Disclosures - 2019/20

Innovation Rebate Program Disclosures - 2019/20

Tuesday, October 1, 2019

The following Innovation Rebate Program incentives were announced during the fiscal year of 2019-2020.

October 1, 2019

Nova Scotia Business Inc. (NSBI) has approved a business development incentive in the form of an innovation rebate for 3284906 Nova Scotia Ltd., operating as Nova Scotia Spirit Co. based in Pictou County, has been an owner-operated spirits manufacturing company since 2015.  

The company will be proceeding with a $3,395,000 capital investment to make building improvements to increase automated production and become more competitive in the export market. By implementing more automated machinery, the company will produce 12,000 cans per hour as compared to the current system of 4,000 cans per hour. Nova Scotia Spirit Co.’s modernization of equipment will help to meet increased demand for several projects throughout Canada and also support additional initiatives key to the company’s future exporting success.  

The company is eligible to earn a maximum innovation rebate of $848,750 upon completion of its project, based on eligible capital spending of $3,395,000.   

September 24, 2019

Nova Scotia Business Inc. (NSBI) has approved a business development incentive in the form of an innovation rebate for Cherubini Metal Works Limited in Dartmouth.

The company's core business is steel fabrication for bridges, structural and miscellaneous metal work. Cherubini was recently involved in the re-decking project of the MacDonald Bridge in Halifax.

The company is proceeding with a $3,508,628 capital investment to expand a current facility and upgraded 30-year-old equipment with a state-of-the-art automated blast line, as well as installation of a new dust collector/exhaust system necessary to meet increased demands for export and help increase efficiency and production levels.

The company is eligible to earn a maximum of $739,657 upon completion of its project, based on capital spending of $2,958,628.

September 10, 2019

Nova Scotia Business Inc. (NBSI) has approved a business development incentive in the form of an innovation rebate for MacKenzie Atlantic Tool and Die / Machining Ltd.

Based in the Musquodoboit Harbour area of Halifax Regional Municipality, MacKenzie Atlantic has been an owner-operated machinery facility since 2006.

The company will be proceeding with a $2,213,968 capital investment to implement more robotic machinery adding two computer numerical controlled machines and two inline machines to their facility.

MacKenzie Atlantic’s modernization of equipment will help to meet increased demand for several projects throughout Canada and also to support additional initiatives in the United States.

The company is eligible to earn a maximum innovation rebate of $415,992 upon completion of its project, based on eligible capital spending of $1,663,968.

July 16, 2019

Nova Scotia Business Inc. (NSBI) has approved a business development incentive in the form of an innovation rebate for Oxford Frozen Foods Limited.

The company sells and manages the processing and packaging of wild blueberries, carrots and battered products. It is also the world's largest supplier of quality frozen wild blueberries.

It is proceeding with a $8,540,000 capital investment to create an improved packaging line to meet the increased demand for export and help increase efficiency and production levels.

The company is eligible to earn a maximum innovation rebate of $2,135,000 upon completion of its project, based on eligible capital spending of $8,540,000.

July 9, 2019

Nova Scotia Business Inc. (NSBI) has approved two business development incentives in the form of an innovation rebate for Van Meekeren Farms Limited and Totally Raw Natural Dog Food Inc.

Since 1967, Van Meekeren Farms, based in Kings County, has been growing, harvesting, storing and shipping fresh apples to markets throughout Canada, the United States, Europe and more.

Van Meekeren Farms is proceeding with a $8,635,818 capital investment to create an improved apple packing facility and controlled atmosphere storage through an expansion and upgrade to meet the increased demand for export and help increase efficiency and production levels.

The company is eligible to earn a maximum innovation rebate of $2,158,955 upon completion of its project, based on eligible capital spending of $8,635,818.

Based in Burnside Industrial Park, Totally Raw Natural Dog Food Inc. is the largest producer and distributor of high quality, healthy, raw pet meals, treats and supplements in Atlantic Canada. The company exports to more than 500 stores across Canada, including 400 Canadian Tire locations and is working to expand into international markets.

Totally Raw Natural Dog Food Inc. is proceeding with a $2,760,700 capital investment to create a state-of-the-art manufacturing and distribution facility. The new manufacturing and distribution operation will increase efficiency and production and ensure there is capacity to meet the increasing demand for Totally Raw Pet Food products.

The company is eligible to earn a maximum innovation rebate of $322,233 upon completion of its project, based on eligible capital spending of $1,288,933.

June 18, 2019

Nova Scotia Business Inc. (NSBI) has approved a business development incentive in the form of an innovation rebate for RKO Steel Limited.

Based in Burnside Industrial Park, RKO Steel has been manufacturing steel products, coatings and other high quality steel items for over 30 years, for export across Canada, the United States and other international markets.

RKO Steel Limited is proceeding with a $2.9 million capital investment to add specialized stainless and aluminum welding equipment to meet the increased demand for export and help increase efficiency and production levels.

The company is eligible to earn a maximum innovation rebate of $725,000 upon completion of its project, based on eligible capital spending of $2.9 million.

May 21, 2019

Nova Scotia Business Inc. (NSBI) approved a business development incentive in the form of an innovation rebate for Dartmouth Metals and Bottle Ltd.

The company recycles metals, including car shredding and the dismantling and recycling of large industrial demolition projects.

Dartmouth Metals and Bottle Ltd. is proceeding with a $2,386,451 capital investment to process large, oversized material into smaller, premium material for export and will help to increase efficiency and production levels.

The company is eligible to earn a maximum innovation rebate of $596,613 upon completion of its project, based on eligible capital spending of $2,386,451.

April 16, 2019

Nova Scotia Business Inc. (NSBI) has approved a business development incentive in the form of an innovation rebate for Kenney & Ross, Limited.

The Shelburne company manufactures kosher fish gelatin and collagen products. The products are exported worldwide to more than 30 countries and used for food, pharmaceuticals, supplements and other applications. 

Kenney & Ross, Limited will proceed with a $2,547,537 capital investment to create a new packaging facility that will increase efficiency and production levels.

The company is eligible to earn a maximum innovation rebate of $636,884 upon completion of its project, based on eligible capital spending of $2,547,537.

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Quick facts

  • The Innovation Rebate Program was developed in consultation with Nova Scotia companies.
  • The Innovation Rebate Program provides financial incentives on projects that enable a company to increase innovation capacity through private-sector capital investments or adoption of new technologies and business processes.
  • The program provides a 25 per cent rebate based on eligible project costs, as defined in the Innovation Rebate Program Guidelines.
  • The total project cost must be between $2 million and $15 million. The maximum amount of eligible project costs to which the IRP rebate will be applied is $15,000,000.
  • The maximum rebate amount for an eligible project, including related parties, cannot exceed $3,750,000 over a 24-month period.
  • The Innovation Rebate works as a rebate against a company’s direct costs, and is only paid once the project is complete.
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