Canadian exporters received good news earlier this month when Statistics Canada announced that national exports rose by 1.5% in April. This momentum was largely attributed to rising prices (1.1%) and an increase in export volumes (0.5%). What’s better still is that the Canadian dollar continues to rebound and is, at the time of this article’s…
A manufacturer based in the region of Chatham-Kent has undergone substantial growth in recent years, increasing their revenues, employees, manufacturing abilities, and position as a manufacturing leader. The company’s expansion has largely been enabled by receiving Canadian government funding for their strategic projects. By being able to accomplish more strategic projects in less time, the…
Recently, “innovation” has become one of the most popular buzzwords in Canadian business, politics, and the economy. While there are many definitions of innovation, it can simply be stated that innovation entails revolutions to make the subject matter faster, more efficiently, or simply better than previous version, sometimes creating a completely new product/technology category altogether….
As Canada approaches its 150th year since confederation, the federal government has renewed its support for renovating, enhancing, and growing existing infrastructure within the country. The Canada 150 Community Infrastructure Program (CIP 150) provides Canadian government grant funding for municipalities, regional governments, not-for-profit organizations, and Aboriginal band councils to complete infrastructure projects such as building…
As a technology startup or small business, it can often be difficult to consider your growth potential outside of your current Canadian market. Tech companies have reason to look outside of Canada though. In the artificial intelligence field alone, global investments have risen by over seven times from their 2010 levels. This market is now…
Although Canadian manufacturers are largely projecting growth over their next 1-3 years, there are a number of constraints that will limit their ability to do so. As reported in Manufacturers’ Outlook 2016, a survey of top manufacturing executives in Canada, a variety of issues will continue to challenge operations and slow growth over that time….
The Canadian manufacturing industry has reasons to be cautious, yet optimistic in the short-term future. In February 2016, the industry’s contribution to Canada’s gross domestic product (GDP) rose by 1.5%, yet as a whole, industry sales dropped by 1.6%. As the Canadian business landscape changes, manufacturing executives must understand how to respond to new opportunities…
Cambridge Pro Fab is a leading supplier of steel ducting for the oil, gas and coal power generation industries. As an industry leader in the manufacture of HRSG, pollution control, noise reduction and air filtration systems, Cambridge Pro Fab Inc. has built a diverse portfolio of customers for over 25 years. The company’s growth over…
Community Futures Development Corporations (CFDCs) across Ontario play a key role in administering government funding programs to startups and small businesses. In total, there are 60 CFDCs located across Ontario (36 in eastern and southern Ontario, 24 in northern Ontario) who have helped over 120,000 entrepreneurs with a variety of funding and business planning services….
Rianta Solutions is a Kanata, Ontario-based designer, developer, and manufacturer of datacom and telecom equipment solutions. Since the company’s creation in 2012, Rianta Solutions’ team of engineers have been developing customized high-speed, low energy consumption data centre technologies. With clients spanning across Canada and around the world, Rianta Solutions has embraced the definition of innovation…