In recent years, federal and provincial governments have place a strong focus on business innovation in Canada. The Government of Canada’s Budget 2017 announced the realignment of resources to improve innovation programs and strengthen the economy. Investing in business innovation allows small and medium-sized companies to flourish and increase their market competitiveness. In October 2017,…
Toyotetsu Canada is an automotive parts manufacturer that develops body, chassis, and functional parts for Toyota vehicles. With operations in Simcoe, Ontario, Toyotetsu Canada is an integral member of Toyota’s supply chain. The parts produced at this facility supply Toyota’s assembly facilities in Cambridge and Woodstock, Ontario, where the Lexus RX and RAV4 models are…
Canada’s technology sector is a cornerstone of the booming knowledge economy. It’s supported by some of the world’s top post-secondary institutions and is also favourably impacted by immigration policies, which see some of the world’s top technology entrepreneurs come to Canada to launch new ideas. At a time where technology’s importance is surging globally, Canada…
Please Note: The CME SMART Green program is now closed. Please explore active government funding programs. An update to the CME SMART Green Fund has generated new excitement from Ontario manufacturers interested in reducing their greenhouse gas (GHG) emissions. The program has recently announced enhancements to the amount of funding manufacturers may qualify for as…
Please Note: JPF is closed. Please consider the Business Scale-up and Productivity program for similar support. The Jobs and Prosperity Fund (JPF) is an Ontario government funding program created to support large-scale business expansion and capital investment projects. The initiative awards Ontario business grants for projects that enhance productivity, become more innovative, and compete in international markets. JPF…
Toronto-based manufacturer, Polycorp Ltd., has been awarded up to $1.9 million in Ontario government grants to support its latest facility expansion project. The contribution will help the company construct a 110,000 sq. ft. expansion in Elora, Ontario to diversify the business’ product offerings and become more globally competitive. The contribution will be provided through the…
The Save on Energy program is an energy efficiency and conservation program provided through the Government of Ontario and the province’s Independent Electricity System Operator (IESO). Programs offered through the Save on Energy program support both businesses and homeowners, however, few businesses are aware of the range of incentives available. This is a missed opportunity…
With a record number of vehicles expected to be sourced in 2017, the North American automotive industry is poised for a growth period in 2017 and 2018. As a major part of the North American automotive supply chain, Canadian manufacturers should look at incoming demand and identify ways to capitalize on the booming industry. The…
The Canadian manufacturing industry is entering a technological revolution where significant challenges and opportunities will need to be addressed. This period will benefit some while displacing the need for others. As a result, manufacturers will need to be agile and make investments so that they can leverage strategic growth opportunities as they arise. PLANT Magazine’s…
On November 14, 2016, Prime Minister Trudeau and nine federal cabinet Ministers met with Canadian and international investors to pitch investment in Canadian infrastructure projects. During a series of meetings throughout the day, Trudeau and his team of Ministers argued the strength and positioning of Canada’s economy, as well as the opportunity to grow in…