The Ontario automotive sector contributed over $16 billion to the province’s GDP in 2014 alone. Ontario remains one of the strongest hubs in North America for the manufacturing and assembly of automobiles and Ontario’s economy is largely impacted by the performance of its industry players. The industry is rapidly evolving and therefore companies and government…
Whether your business currently exports or has identified that you would like to expand into foreign markets, you know that there is exceptional potential for Canadian businesses to grow all over the world. The Canadian economy is heavily affected by international trade – with 1 in 5 Canadian jobs directly tied to exporting, the ability…
Digital media is no longer the future; in fact, we are living through a period of time where digital media content is becoming so commonplace that it would be difficult to imagine the world without it. The rise of Netflix, online social games, and newly emerging engineering & design technologies all lend themselves towards the…
In 2013, there were approximately 46,700 students enrolled in Ontario colleges and universities that had a reported disability. Every post-secondary institution across the province has resources allocated to helping these people make the most of their education and prepare them to make the transition into the working world, however small businesses can be reluctant to…
Business innovation in Canada has remained stalled in comparison to other developed and developing nations. The Canadian government has invested nearly $25 billion in federal government grants, loans, and tax incentives between 2006 and 2014 to support innovation in Canada, however this strong funding support is still evolving to be better utilized by industry. Compared…
Does your small business have enough financing to implement its next strategic project? Financial constraints often lead to postponed or cancelled projects that would otherwise grow the business; you can’t make money without money. In order for businesses to have the necessary cash flows for their key strategic projects, the Business Development Bank of Canada…
In the wake of a new report which comments on Canadian firms falling behind with innovation despite receiving funding support, The Canadian government continues to modify and improve upon established research and development funding initiatives to maximize their support of innovation. However there is always a risk with R&D. Even the most promising of projects…
Although the Ontario Self-Employment Benefit (OSEB) tax incentive will be phased out in 2016, a startup funding and business support program has been created to help youth (aged 18-29) entrepreneurs start their own business. The Starter Company grant program provides valuable resources to young Ontarians in addition to $5,000 in Ontario government grant funding. Like…
Mentor Works’ President and Founder, Bernadeen McLeod, knows that being a woman in business is no easy endeavour. The Canadian government has stepped in to support some of the most challenging aspects of being a women in a leadership position, particularly surrounding small business financing and finding a strong female mentor that can provide inspiration…
The 150th anniversary of Canada’s Confederation in 2017 will be a monumental event that allows all Canadians to connect to the nation’s past, celebrate who we are, and build a lasting legacy which leads into the future. As such, the Canadian government and the Department of Canadian Heritage (PCH) have created the Canada 150 Fund…