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OFI was established in September 2016 thanks to nearly $220 million in funding from the Government of Canada, the Governments of Nova Scotia and Newfoundland and Labrador, industry and eight international research organizations.   

Overview of financial contributions

Canada First Research Excellence Fund - $93.7 million
Funds from OFI partners and other sources - $49.8 million
In-kind contributions - $75.8 million

Financial support is conditional on the achievement of quantifiable performance metrics and the submission of satisfactory annual and mid-term reports.



Business leader and philanthropist John Risley is an advocate for advancing Atlantic Canada and its natural resources.
Learn more about what motivated the President of Clearwater Fine Foods to invest in OFI ...