This document is the 2016 impact report for CIIRDF, which facilitates joint technology development between companies in Canada and Israel. It highlights several successful projects funded by CIIRDF that have generated significant economic benefits for participating companies and both countries. These include a project that led to a $290 million acquisition, another that doubled one company's workforce and expanded its global market reach, and a project that helped develop disease-resistant crops and doubled one company's agricultural research capacity. The report demonstrates how CIIRDF-funded partnerships have positioned companies in global markets and provided sustainable competitive advantages through new product development.