The United States-Mexico-Canada Agreement (USMCA) offers many opportunities as well as some challenges for Canadian businesses. If ratified, the new agreement-in-principle will take effect on January 1, 2020 and significantly impact supply chain management, predominantly in the dairy, poultry, and automotive sectors. While there are many businesses across Canada that
Please Note: ASCIP’s final application intake has closed. Ontario automotive manufacturers should explore the Ontario Automotive Modernization Program (OAMP) for funding support.
The Automotive Supplier Competitiveness Improvement Program (ASCIP) is an Ontario government funding program that supports automotive manufacturing technology adoption projects. Through ASCIP funding, automotive suppliers can access Ontario business grants to offset a
Please Note: ASCIP’s final application intake has closed. Ontario automotive manufacturers should explore the Ontario Automotive Modernization Program (OAMP) for funding support.
The Automotive Supplier Competitiveness Improvement Program (ASCIP) is an Ontario government funding program that provides automotive manufacturers with grants for equipment and software upgrades. Targeted towards tier two and three automotive
Please Note: ASCIP’s final application intake has closed. Ontario automotive manufacturers should explore the Ontario Automotive Modernization Program (OAMP) for funding support.
Spanning 700+ parts suppliers and 500+ tool, die, and mould makers, Ontario’s automotive industry is one of the world’s strongest automotive supply chains. Its competitive edge is driven by several key
Please Note: ASCIP’s final application intake has closed. Ontario automotive manufacturers should explore the Ontario Automotive Modernization Program (OAMP) for funding support.
The Automotive Supplier Competitiveness Improvement Program (ASCIP) is an Ontario government funding program that supports automotive parts suppliers’ capital investment initiatives. ASCIP grants support projects that help businesses increase their productivity,
In Canada, automotive suppliers represent a sophisticated value chain that includes hundreds (or even thousands) of manufacturers. Each auto part manufacturer must maintain high productivity to fulfill customer demand, however this can be challenging without innovative equipment, strong internal processes, and skilled employees. Thankfully, the Automotive Parts Manufacturers Association (APMA)
To stay competitive in the automotive industry, manufacturers must find innovative solutions to differentiate themselves and their products. Investing in new research and technology developments can enable both small and large manufacturing businesses to achieve higher profits, and become more competitive.
In support of this ideology, Magna International Inc. has invested
Unifor, Canada’s largest automotive workers’ union, recently approved new 4-year labour deals with General Motors and Chrysler-Fiat Automobiles. The agreements, which also prevented a potential October 10 strike, will secure slight increases to wages and pensions of workers.
However, the real gains made through these negotiations come from securing new investments into