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…
After 52 years in business, Cambridge Towel is expected to close its doors on November 30, 2016. The closure means that 120 unionized and 40 non-unionized jobs will be lost. After losing a major contract with Walmart in March 2016, the textile manufacturer faced financial pressure and has recently entered bankruptcy protection. Cambridge Towel understood the difficulties…
The Federal Economic Development Agency for Northern Ontario (FedNor) recently announced support for six northern Ontario infrastructure projects. Up to $377,800 in Canadian government grants will be provided to northern Ontario municipalities and First Nations communities completing critical infrastructure projects. These investments are result of the federal government’s Canada 150 Community Infrastructure Program (CIP 150)….
When the Government of Canada signed the United Nations’ (UN) Paris agreement earlier this year, they joined a global partnership of countries dedicated to reducing atmospheric greenhouse gasses (GHG). Their goal was ambitious – reduce greenhouse gas emissions by 30% from 2005 levels by 2030. Since signing this agreement, the Government of Canada have made several investments into clean,…
Please Note: The CME SMART Green program is now closed. Please explore active government funding programs. The CME SMART Green Program assists Ontario-based manufacturers to adopt innovative technologies that increase productivity and reduce greenhouse gas emissions (GHGs). Manufacturers may apply for up to 50% of project expenses to a maximum $200,000 per facility, or up…
Canada’s second largest wheat and flour milling operation, Parrish and Heimbecker, Ltd., was recently awarded a federal funding investment of $10M to build a new grain processing plant in Hamilton, Ontario. Canadian government funding provided through Agriculture and Agri-food Canada (AAFC) will allow the company to increase its production capacity and market exports. Parrish and…
The Province of Ontario is positioning itself to be a leader in the development of clean technologies, commonly referred to as “cleantech”. Funds generated from the Ontario provincial cap and trade program will be reinvested into ‘green economy’ businesses, or those exploring new ways to reduce carbon emissions. This is a contributing factor in the…
The Federal Economic Development Agency for Northern Ontario (FedNor) recently committed close to $1.5M in federal investments to promote greater innovation and competitiveness within northern Ontario. On October 28, 2016, FedNor announced that it would provide up to $1,488,972 in Ontario government funding to support the Sault Ste. Marie Innovation Centre. The Innovation Centre provides…
Eastern Ontario government funding is supporting the expansion of four growing businesses. The selected manufacturers will create a total of 76 new jobs, while retaining an additional 137 for the region among other key benefits of their projects. On October 13, 2016, Premiere Kathleen Wynne announced that the Eastern Ontario Development Fund (EODF) will invest…
Disclaimer: This article does not endorse either political party or presidential nominee. Today is the American presidential election. We’ll soon know who the next leader of the United States is, and with that knowledge, we can begin looking at the new administration’s incoming changes. Yesterday’s blog reviewed Trump’s platform; and in an effort to analyze…