How to Qualify for the Automotive Supplier Innovation Program (ASIP)

How to Qualify for the Automotive Supplier Innovation Program (ASIP)

As part of the Government of Canada’s 2015 Economic Action Plan, the Automotive Supplier Innovation Program (ASIP) provides Canadian government funding to businesses demonstrating and prototyping innovative automotive products or processes. Through this business funding opportunity, more Canadian businesses will be able to contribute clean, sustainable, and energy efficient technologies to a market that is…

Attend an Ontario Small Business Event in March 2016

Attend an Ontario Small Business Event in March 2016

Canadian businesses of all sizes can attend networking, workshop, and conference opportunities throughout March 2016. As winter fades into spring, business owners and executives will want to ensure that they’re staying up to date on all industry and business funding news. Don’t miss your opportunity to learn about grants and loans from members of the…

Automotive Innovation Fund (AIF) Canadian Government Funding FAQs

Automotive Innovation Fund (AIF) Canadian Government Funding FAQs

A transitioning Canadian economy has provided new opportunities for automotive manufacturers across the country. Declining oil and energy market prices have increased the importance of automotive success, and all levels of government within Canada are searching for ways to strengthen the automotive sector. Canadian government funding for innovative research and development projects is now more…

2016 Outlook for the Canadian Manufacturing Industry

2016 Outlook for the Canadian Manufacturing Industry

Following a profitable year in 2015, can Canada’s manufacturing industry continue to exceed expectations and repair economic damage caused by diminishing oil values? 2016 is shaping up to be a cautiously optimistic year for Canadian manufacturing. Led by a surging automotive industry, Canada has reasons for being hopeful that the manufacturing sector will help our…

Automotive Supplier Innovation Program (ASIP) Canadian Research Grants

Automotive Supplier Innovation Program (ASIP) Canadian Research Grants

The Automotive Supplier Innovation Program (ASIP) was created as part of the Economic Action Plan 2015. This Canadian government funding program will provide up to $100 million over five years (2015-2020) to encourage automotive suppliers to develop new innovative products and processes that will make Canada more competitive on a global scale. This program was…

Qualify for Automotive Innovation Fund: Fuel-Efficiency Tech Research

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 was renewed in 2016…

2016 Government Funding Programs for the Automotive Industry

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 very confident that we’ll…

The Economic Recovery is Fueling Ontario’s Auto Sector Growth

The Economic Recovery is Fueling Ontario’s Auto Sector Growth

Home to five auto assemblers, 700 parts suppliers, and more than 500 tool, die, and mould makers, Ontario is regarded as a source of high-quality automotive manufacturing. Over the last five years, Ontario assembly plants produced nearly 16 per cent of North American-made vehicles; more than any other North American state or provincial jurisdiction. The…

Keeping a Competitive Future for Ontario’s Automotive Industry

Keeping a Competitive Future for Ontario’s Automotive Industry

An article recently published in The Hamilton Spectator identified the Ontario automotive sector as lacking leadership and on the verge of a decline. Although the Ontario industry was a top global contender, manufacturers of vehicles and automotive components in Ontario are facing downward pricing pressures from developing nations with low labour rates, and consumer preferences…

Ontario Collaboration Secures Global Competitiveness in Automotive Industry

Ontario Collaboration Secures Global Competitiveness in Automotive Industry

The Ontario automotive sector contributed over $16 billion to the province’s GDP in 2014 alone. Ontario remains one of the strongest hubs in North America for the manufacturing and assembly of automobiles and Ontario’s economy is largely impacted by the performance of its industry players. The industry is rapidly evolving and therefore companies and government…