Updated June 2026 · Verified against Invest Ontario (Ministry of Economic Development, Job Creation and Trade) guidelines
✨ New Program Mixed (Advance + Reimb.) Est. 2025
Program Provincial Active

Ontario Critical Minerals Processing Fund (CMPF)

Invest Ontario (Ministry of Economic Development, Job Creation and Trade)
Maximum Funding
Up to $500M
Ongoing — applications by engagement with Invest Ontario; fund open until cap...
Visit Official Program →
Difficulty
Hard
Payment
Mixed (Advance + Reimb.)
Trend
New Program
First-Timers
Co-Funding
Varies
Ontario Critical Minerals Processing Fund (CMPF) provides Up to $500M total fund; per-project amounts negotiated with Invest Ontario based on capital investment size, job creation, and strategic importance. A dedicated $500-million Ontario provincial fund to attract and support investment in critical-minerals processing, refining, and recovery operations in Ontario. Applications are accepted on an ongoing basis.
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Eligibility & Details

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Program Description

A dedicated $500-million Ontario provincial fund to attract and support investment in critical-minerals processing, refining, and recovery operations in Ontario. Launched December 2025 through Invest Ontario, the fund provides negotiated direct financial support to businesses building, expanding, or modernizing facilities that process or refine critical minerals — including those used in EV batteries, defence, aerospace, and advanced manufacturing supply chains. This is a project-finance and incentive program, not a traditional grant application — businesses engage Invest Ontario directly to structure a tailored support package.

Eligibility Requirements

  • Businesses proposing to build, expand, or modernize critical-minerals processing, refining, or recovery operations in Ontario
  • Project must involve critical minerals relevant to strategic supply chains (EV batteries, defence, aerospace, advanced manufacturing, semiconductors)
  • Project must create or retain significant Ontario jobs
  • Must demonstrate economic benefit to Ontario — not pure financial engineering
  • Foreign-owned companies are eligible if the project is Ontario-based and creates Ontario jobs
  • Sector exclusions and minimum project thresholds apply — confirmed by engaging Invest Ontario directly
Provinces
Industries
Manufacturing Natural Resources Clean Technology Automotive
Business Stage
Growth Expansion Established

Quick Assessment

Difficulty
Hard
Competition
High
First-Timer
Not rated

Funding Details

Amount
Up to $500M total fund; per-project amounts negotiated with Invest Ontario based on capital investment size, job creation, and strategic importance
Type
Program
Level
Provincial
Deadline
Ongoing — applications by engagement with Invest Ontario; fund open until capital is allocated

Program Scorecard

Competition, effort, and approval at a glance

Competition
High
Deadline
Ongoing
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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How to Win

Insider tips, common pitfalls, and what successful applicants look like

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Insider Tip

This fund targets large strategic investments — it is not designed for small processing operations or early-stage projects without significant capital and job-creation commitments.

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Rejection Pitfalls 6

  • Project does not involve critical minerals processing, refining, or recovery (e.g. primary mining extraction only)
+5 more pitfalls
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Success Profile

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Evaluation Criteria

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What's in this Playbook

Everything you need to win CMPF

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Application Playbook

Step-by-step process, required documents, and expenses

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Application Steps

1 Contact Invest Ontario to initiate a conversation Start at investontario.ca and use the 'Start a Conversation' or 'Contact Us' function to connect with an Invest Ontario advisor. Describe your project scope, critical mineral type, and investment scale.

Required Documents 8

Initial contact with Invest Ontario regional advisor or through investontario.ca
Project description: nature of critical mineral processing/refining activity and strategic supply chain connection

Eligible Expenses 5

Ineligible Expenses 4

Intake Periods

Deadline Notes

Ineligible Organizations

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Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

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Compatible Programs

Combined Funding Potential See your total funding potential

Clawback Risk

High Risk

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How CMPF Compares

Side-by-side with similar programs

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