Strategic Innovation Fund Awards Toyota $110M in Automotive Grants

Strategic Innovation Fund Awards Toyota $110M in Automotive Grants

The Government of Canada recently awarded Toyota funding for research and development initiatives. The company’s projects, based out of its Cambridge and Woodstock plants, will have a long-lasting impact on the domestic automotive sector and will enhance future growth and prosperity. This investment in Toyota will make sure the Canadian automotive industry stays competitive during…

Automotive Supplier Competitiveness Improvement Program: $100k Grant

Automotive Supplier Competitiveness Improvement Program: $100k Grant

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 industry associations, such as…

Webinar Series: Funding to Grow Your Automotive Business

Webinar Series: Funding to Grow Your Automotive Business

The North American automotive industry is poised for growth in 2018 and beyond. Because of this, Canada’s vast supply chain of part manufacturers should explore opportunities to scale operations, become more productive, and improve worker skills to support technology innovation. Fortunately, Canadian government funding programs are available to offset the costs of automotive manufacturing growth projects….

Autonomous Vehicle (AV) Research and Development Partnership Fund

Autonomous Vehicle (AV) Research and Development Partnership Fund

Autonomous vehicle (AV) technologies are advancing at an incredible pace. Only a short while ago, connected and autonomous vehicles were thought of as being a long way from market readiness, but now it appears that they’re only a few years away from public roads. While there are still hurdles to overcome, governments and businesses must…

$99 Million in Automotive Business Funding Awarded to Linamar

$99 Million in Automotive Business Funding Awarded to Linamar

Canada’s second-largest automotive manufacturing company, Linamar, is an internationally recognized corporation with 59 plants throughout North America, Asia, and Europe. Linamar provides a significant benefit to southern Ontario’s economy, employing over 25,000 workers and generating more than $6 billion in annual sales. Recently, Linamar was awarded $99 million in automotive business grants through two government…

Strategic Innovation Fund Awards $41M for Automotive Research Projects

Strategic Innovation Fund Awards $41M for Automotive Research Projects

The Government of Canada has recently announced funding support for 11 automotive research and development projects which will have a lasting impact on the sector. Each of the awarded businesses will leverage research grants through the Strategic Innovation Fund (SIF), a newly launched program which seeks to offset a portion of costs for highly-innovative R&D…

DESCH Canada Ltd. Expands with over $1M in Ontario Business Grants

DESCH Canada Ltd. Expands with over $1M in Ontario Business Grants

DESCH Canada Ltd. is a Cambridge, Ontario-based automotive manufacturing company that makes and distributes industrial machinery parts such as crankshafts, gearboxes and clutch and brake combinations. Headquartered in Arnsberg, Germany as DESCH Antriebstechnik CmbH & Co, KG, this international company is a market leader and global distributor that values teams and tradition, while fostering innovation….

Strategic Innovation Fund Awards $1.1M to Lakeside Plastics Ltd.

Strategic Innovation Fund Awards $1.1M to Lakeside Plastics Ltd.

Lakeside Plastics Ltd. is a Tier 1 and Tier 2 supplier of plastic injection-molded automotive products. Based in Windsor, Ontario, the company is a top supplier to General Motors and other top automotive assemblers in the region, both in Canada and the United States. Recently, Lakeside Plastics was announced as recipients of the Strategic Innovation…

Alternative Vehicle Propulsion Systems: The Future of Automotive Tech

Alternative Vehicle Propulsion Systems: The Future of Automotive Tech

This article is the 3rd of a 3-part series on automotive trends: Part 1: Intelligent Mobility Part 2: Manufacturing Materials and Processes Part 3: Vehicle Propulsion Systems Since automobiles were introduced, propulsion systems have relied on spark-ignited internal combustion engines (ICEs). These types of gasoline and diesel-based engines have been improved over time, however are…

Stratford Businesses Expand with $2.5M in Government Funding Support

Stratford Businesses Expand with $2.5M in Government Funding Support

Ontario has partnered with four companies in the Stratford and Perth County to support funding for facility expansion and to purchase equipment. As a result of these business expansion projects, 71 new jobs will be created and will support the long-term retention of another 610 jobs. The Southwestern Ontario Development Fund provides up to 10-15%…