Amount:

No Fixed Amount

Type of Program:

Grant & Loan


Description:

Recognizing the profound impact of the COVID-19 pandemic on the air transportation sector, the Government of Canada introduced the Regional Air Transportation Initiative (RATI) to help businesses and organizations in regional air transportation ecosystems to remain operational through these difficult times and continue to support the economic growth of our regions.

Comments on Funding:

Types of support:

  1. 1
    contributions to not-for-profit organizations are generally non-repayable;
  2. 2
    contributions to for-profit organizations and businesses are generally repayable or conditionally repayable, including a portion that could become non-repayable; and
  3. 3
    contributions to Indigenous clients could be non-repayable.

    No details about the funding amount found.

When It Ends:

Ongoing

Deadline:

March 31, 2022

Eligibility:

Applicants must:

  • regional and local air carriers;
  • regional and local airports; and
  • businesses, cooperatives, business groups, not-for-profit organizations and public institutions that are part of the regional air transportation ecosystem.

Applications Steps:

1

Applicants are invited to contact FedDev Ontario by e-mail at fdo.rati-itar.fdo@canada.ca or by phone at 1-866-593-5505 to discuss the program and their eligibility. Eligible applicants will then be sent an application form for completion.

2

Please note that applications submitted by April 30, 2021, will be prioritized.

Other Things to Note:

  1. 1
    The Regional Air Transportation Initiative (RATI) is a $206-million program that will provide support over two years to eligible regional businesses and airports that directly contribute to regional air transportation. 

RATI is being delivered by Canada's regional development agencies (RDA): ACOA for businesses in Atlantic Canada, Federal Economic Development Agency for Southern Ontario (FedDev Ontario) for businesses in southern Ontario, Federal Economic Development Agency for Northern Ontario (FedNor) for businesses in northern Ontario, etc.

  1. 2
    FedDev Ontario will be delivering $24.2 million in southern Ontario.
  2. 3
    The initiative will end on March 31, 2022.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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