# Canada invests $31.25M in Kardium medical device facility in Burnaby

The Government of Canada announced a contribution of up to $31.25 million to Kardium Inc.'s $125 million project to create a world-class medical device manufacturing facility in Burnaby, British Columbia. The facility will produce the Globe Pulsed Field System for treating atrial fibrillation.

- Type: Investment
- Announced: 2026-08-27
- Where: Burnaby, British Columbia, Canada, Canada
- Value: $93.0M (125.0M CAD)
- Status: announced
- Products: Globe Pulsed Field System for atrial fibrillation treatment
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Kardium](https://endata.com/companies/49761.md)
- [Government of Canada](https://endata.com/companies/1351.md) (investor)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/-c-o-r-r-e-c-t-i-o-n-innovation-sciences-et-developpement-economique-canada--883825227.html), 2026-08-28: "Kardium has developed the Globe Pulsed Field System, a medical device designed for the treatment of atrial fibrillation, the most common type of cardiac arrhythmia."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.