Tag : Automotive Innovation Fund (AIF)

How Electric Vehicles are Gaining Worldwide Popularity

The future of electric vehicles (EVs) are becoming increasingly clear. Battery and engine technologies are being researched and developed at record pace; this has allowed global consumer demand to increase steadily. As more consumers begin to understand the technology and feel comfortable investing in electric vehicles, the market will become

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Automotive Industry on Pace to Secure Over $1.5 Billion in Investments

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

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New Ontario Clean Technology Incentives for Business

New details have been released regarding the Government of Ontario’s commitment to green energy grants and incentives for business. The low-carbon economy that is being proposed by Ontario’s government will seek to raise funds from a variety of carbon-emitting activities and reinvest those funds into the economy by supporting clean

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Qualify for Automotive Innovation Fund: Fuel-Efficiency Tech Research

Since its inception in 2008, the Canadian government funding program Automotive Innovation Fund (AIF) has awarded over $468 million in support. This funding fuels automotive R&D projects aimed at improving fuel-efficiency and lowering the environmental impact of automobiles. Canadian businesses awarded with funding include Toyota, Ford, Linamar, and Magna International.

The program

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2016 Government Funding Programs for the Automotive Industry

Nearly a year ago, CBC reported on former Industry Minister, James Moore’s meeting with executives from leading automotive companies. In an ongoing effort to strengthen Canada’s automotive sector, Moore has been working closely with Ford, Toyota, Chrysler-Fiat, and Honda to secure additional investments in their Canadian operations.
“I’m very positive and

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