He objective of the Banting Postdoctoral Fellowships program is to:

attract and retain top-tier postdoctoral talent, both nationally and internationally
develop their leadership potential
position them for success as research leaders of tomorrow
Fellowships are distributed equally among the Canadian Institutes of Health Research (CIHR), the Natural Sciences and Engineering Research Council (NSERC) and the Social Sciences and Humanities Research Council (SSHRC)

Government of Canada Banting Postdoctoral Fellowships Benefits:

Number of Awards: 70 fellowships are awarded annually

Value of Program: $70,000 per year (taxable)

Duration of Program: 2 years (non-renewable)

Government of Canada Banting Postdoctoral Fellowships Eligibility:Canadian citizens, permanent residents of Canada and foreign citizens are eligible to apply with the stipulations sstated in the Program

Applicants to the 2020/2021 Banting Postdoctoral Fellowships program must fulfill or have fulfilled all degree requirements for a PhD, PhD-equivalent or health professional degree stated in the Programme (Link below)
Applicants must not hold a tenure-track or tenured faculty position, nor can they be on leave from such a position