Budget 2019: Impacts on the Ontario Government Funding Landscape

Budget 2019: Impacts on the Ontario Government Funding Landscape

Ontario’s first budget under the Conservative government offers an array of measures designed to help businesses. Through tax incentives and the potential for new and modernized government grants and loans, there are many direct financial incentives worth discovering. Other considerations supporting the business community include lower hydro rates, reduction of regulatory “red tape,” freezing the…

Budget 2019: Impacts on the Canadian Government Funding Landscape

Budget 2019: Impacts on the Canadian Government Funding Landscape

When Canada’s federal budget was released on March 19, it gave Canadians another look at the Liberal party’s spending strategies. Like previous years, the federal government is staying committed to investment aimed at boosting the economy, especially as it relates to middle-class families. However, Budget 2019 also provided many great insights into the support businesses…

Canada’s Economic Action Plan 2014 – The Push for Continuing R&D in Canada

Canada’s Economic Action Plan 2014 – The Push for Continuing R&D in Canada

Businesses are buzzing following Finance Minister Jim Flaherty’s announcement of the 2014 Federal Budget on Tuesday. Among the Economic Action Plan 2014 hot topics revealed in the House of Commons, was the government’s continuing dedication to funding Research and Development in Canada. With a proposed 5-year, $1.6 billion of the budget dedicated to propelling Canada’s…

2014 Federal Budget Supports Hiring with Canada Job Grant & $40M for Internships

2014 Federal Budget Supports Hiring with Canada Job Grant & $40M for Internships

The 2014 budget released by the Federal government promises to follow through upon the $15,000 Canada Job Grant while also setting aside $40 million to support up to 3,000 internships in high demand fields. Small Business Grants for Hiring Full-Time Internships Aims to Help Young People Find Meaningful Work Federal Finance Minister, Jim Flaherty, drew…

2014 Business Funding Forecast: A Great Year to Access Government Grants & Loans

2014 Business Funding Forecast: A Great Year to Access Government Grants & Loans

Since its’ creation in August 2009 and result of partnerships with more than 5300 businesses and organizations, $1.1 billion has been invested by FedDev Ontario. This has supported additional leveraged investments at a 1:1 match with non-government sources to support businesses, organizations and communities in southern Ontario. It was a great year for our clients to…

Investing in Regional Diversification – Canadian Government Grants

Investing in Regional Diversification – Canadian Government Grants

Investing in Regional Diversification (IRD) is a new program offered through FedDev’s Ontario 2013 Action Plan. This program is a non-repayable Canadian government grant, which covers 50% of project costs up to a maximum of $20 million. The remaining 50% must be provided as a cash contribution. IRD Government Grants Canada for Not-For-Profits -Program Focus…

The Advanced Manufacturing Fund: Ontario Business Grants & Loans

The Advanced Manufacturing Fund: Ontario Business Grants & Loans

As a part of The Federal Government’s Action Plan the Advanced Manufacturing Fund will distribute up to $200 million in funding to small businesses through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). Advanced Manufacturing Fund to Promote Innovation & Boost Competitiveness The Advanced Manufacturing Fund will support Ontario businesses that invest in…