Pond Technologies Ltd. has leveraged $40M in NRC-IRAP research grants to help manufacturers become more energy efficient and combat climate change. The investment has allowed the company to develop and refine its latest cleantech innovation, which captures CO2 emissions and recycles them into plant-based materials. The contribution has been provided through the NRC-IRAP Midsize Projects…
In April 2017, the Government of Ontario announced it would be supporting a total of seven clean technology demonstration projects. Each project proposes positive impacts for Ontario’s key economic sectors, while offering innovative end-user cleantech solutions. Program participants will be receiving Ontario government grants through the BLOOM Clean Technology Demonstration Program. The BLOOM Clean Technology…
As spring approaches, business owners and executives should continue looking for growth opportunities in 2017 and beyond. A great way to stay up-to-date on current industry news and network with other thought leaders is by attending Ontario small business events. Industry focused events provide an outlet for professional networking and access to expert knowledge. Throughout…
The Canadian Federal Budget 2017 was released last week to much interest from business and industry analysts. There was significant speculation surrounding the budget to see what direction Prime Minister Trudeau will be taking. Shortly after Minister Bill Morneau presented the budget to the House, it became clear that the Liberal government will continue investing…
With the implementation of the Ontario Cap & Trade Program, greenhouse gas (GHG) emissions are a popular topic in Ontario. As the province switches to a cleaner electrical grid, the cost to provide electricity goes up; this can influence the profitability of heavy energy users. However, many companies are considering projects to improve their energy…
TargetGHG Collaborative Technology Development Program grants support the development of innovative products and processes that lead towards a significant reduction in greenhouse gas (GHG) emissions. Through the program, Ontario-based businesses may receive government funding to enter into a clean technology (cleantech) partnership with at least at least one other R&D partner. The consortium’s lead applicant…
After 52 years in business, Cambridge Towel is expected to close its doors on November 30, 2016. The closure means that 120 unionized and 40 non-unionized jobs will be lost. After losing a major contract with Walmart in March 2016, the textile manufacturer faced financial pressure and has recently entered bankruptcy protection. Cambridge Towel understood the difficulties…
When the Government of Canada signed the United Nations’ (UN) Paris agreement earlier this year, they joined a global partnership of countries dedicated to reducing atmospheric greenhouse gasses (GHG). Their goal was ambitious – reduce greenhouse gas emissions by 30% from 2005 levels by 2030. Since signing this agreement, the Government of Canada have made several investments into clean,…
Greenhouse gas emissions (GHGs) are the leading cause of climate change, however many people have misguided perceptions about where these pollutants come from. Considerable blame is placed on businesses, (industrial companies particularly) but there are other sources of pollution that must be addressed too. Cities contribute more than 66% of global carbon emissions – this…
Wind power is in the midst of extreme market growth. The advancement of technologies, in addition to rapidly changing legislation from governments, are helping to fuel strong growth rates year-over-year in North America and around the world. Wind technologies present a significant opportunity for businesses across the world. Technology development companies are rapidly researching ways…