Ontario’s economic health is largely affected by manufacturing exports. In 2015, Ontario manufacturers generated nearly $290 billion in revenue; approximately $197 billion of this was from international customers. Manufacturers who export their products play a valuable role in boosting the province’s economy, from creating high value jobs to generating wealth that fuels future investments. But…
To stay competitive in the automotive industry, manufacturers must find innovative solutions to differentiate themselves and their products. Investing in new research and technology developments can enable both small and large manufacturing businesses to achieve higher profits, and become more competitive. In support of this ideology, Magna International Inc. has invested in the development of…
Every day, Canadian hospitals create environmental and health and safety hazards by expelling destructive greenhouse gases (GHGs) into the atmosphere. Surgical operations requiring the use of halogenated anaesthetic drugs release alarmingly high amounts of carbon dioxide emissions. With approximately 54,000 operating facilities in Canada, GHGs produced could soon exceed amounts comparable to two million vehicles….
The economic development of northern Ontario is extremely important to all levels of government. To grow and sustain businesses in the region, government grants and loans can be obtained to offset a portion of project costs. This funding is allocated by governments on a regional basis, and is usually determined on population or development potential….
The Canadian manufacturing industry lacks a clear identity, and it’s hindering our ability to be competitive on a global stage. In 2015, Canadian manufacturing sales totalled $610 billion. As of September 2016, sales are on pace to hit $571.9 billion. This $38 billion decline in sales further compounds losses from 2014-15 and continues to jeopardize…
As the December 13, 2016 intake deadline approaches for the Growing Forward 2 (GF2) Ontario Organizations and Collaborations Stream, many agricultural producers and processors may be considering the differing ways in which they can create a viable project. One of the best projects that we’ve seen successfully receive GF2 Organizations and Collaborations funding is the…
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…
A large majority of our clients are producers in one form or another – manufacturers, assemblers, etc. – most of them make or modify a widget. For these types of operations, defining and improving your competitive advantage typically comes down to a combination of product and service. Companies are able to define themselves on innovative…
Kraken Sonar Systems Inc. is an engineer and manufacturer of advanced sonar and acoustic velocity sensors for Unmanned Underwater Vehicles. The technologies developed and commercialized by Kraken Sonar are widely used among military and commercial applications. On November 10, 2016, Kraken Sonar was announced as recipients of up to $485,000 in Canadian government grants from…
Many Canadians – especially younger generations who have grown up with internet access at their fingertips – are moving away from traditional media as their primary method to consume radio/television broadcasts. Online streaming services like Netflix, YouTube, Spotify, Apple Music, and online radio channels are capturing more and more users who are driven by accessibility…