Leamington’s $710K Project Bolstered by the Canadian Experiences Fund
A $710K project in Leamington, Ontario will receive federal government subsidies through the Canadian Experiences Fund (CEF).
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Canada’s Regional Development Agencies: Could They Help Your Business?
One of the more challenging elements of Canadian government funding can be understanding where and how funds flow, and which agencies offer and oversee funding programs. Some of the key players in government funding are Canada’s Regional Development Agencies (RDAs). Created and funded by the Government of Canada, these agencies offer federal programs at a…
Northern Ontario Development Program Awards Sault College $1M
Sault College, located in Sault Ste. Marie, is one of 24 publicly-funded colleges in the province of Ontario and is the largest deliverer of apprenticeship training in northern Ontario. The College has been announced a recipient of research and development funding which will allow them to acquire advanced equipment. This investment will benefit entrepreneurs, businesses,…
Canadian Government Grant Resources and Information for Business
Creating a plan for accessing Canadian government funding is a critical component of proper cash flow planning for small and medium-sized enterprises (SMEs). Although this is one of the most important phases of the government funding process, the variety and complexity of programs requires businesses to have accurate, up-to-date information and resources in order to…
Rapid Growth Expected for Northern Ontario’s Agriculture Industry in 2017
Northern Ontario’s agriculture industry is experiencing rapid growth thanks to affordable real estate and a warming climate. New opportunities are becoming available to start or expand agricultural operations in the north; this is providing businesses with reasons to be optimistic. Approximately 16 million acres of ideal farming land is ready for development in northern Ontario and…
Ontario Government Funding Enhances Stanpac’s Facility Expansion
FedDev Ontario recently announced that it will provide local manufacturer, Stanpac, Inc., with a $4.5 million investment through the Investing in Business Growth and Productivity (IBGP) program. This Ontario government funding will help Stanpac expand its manufacturing operations in Smithville, Ontario. The expansion project, which is estimated to cost a total of $45.6 million, will allow…
Highlights of Ontario’s Economic Performance in 2016
Ontario’s economy is expected to achieve a 3% growth in GDP based on the province’s performance this year. Previous growth projections expected a 2.6% increase to the province’s GDP, however favourable conditions enabled businesses to increase their competitiveness and drive sales, both domestically and internationally. This is just one of the many trends identified in…
Government of Canada Funds $377,800 in 6 Infrastructure Northern Ontario Projects
The Federal Economic Development Agency for Northern Ontario (FedNor) recently announced support for six northern Ontario infrastructure projects. Up to $377,800 in Canadian government grants will be provided to northern Ontario municipalities and First Nations communities completing critical infrastructure projects. These investments are result of the federal government’s Canada 150 Community Infrastructure Program (CIP 150)….
Funding for Hiring Grads Leads to Tourism Boost in Northern Ontario
Northern Ontario organization, Friends of Algonquin, have successfully leveraged wage subsidies for hiring a recent post-secondary graduate throughout 2015. The association, who provides advocacy and educational services, hired a youth intern for a one-year period to develop outreach programs that encourage tourism, as well as build a database encompassing photographs and artifacts from the park….
Crofter’s Food Ltd. Canadian Government Funding Success
Based in Seguin, Ontario, Crofter’s Food Ltd. is one of the most recent recipients of Canadian government funding through FedNor’s Targeted Manufacturing Initiative. Since 2006, more than $351 million has been invested into Northern Ontario businesses in support of nearly 1,700 projects. These investments have resulted in the support of more than 22,700 jobs. “Our…