Key Insights: Canada’s State of Trade 2019: Part 2

Canada’s State of Trade 2019: Part 2 – Trade Diversification for Businesses

Global Affairs Canada recently released its report Canada’s State of Trade 2019. Authored by the Office of the Chief Economist (OCE), the report overviews the major developments in Canada’s imports and exports in 2018. In Part 1 of my blog on this report, I described the report’s most relevant points about domestic and foreign economies…

Grid Innovation Fund: Up to $500k for Indoor Agriculture

IESO Grid Innovation Fund – Up to $500k for Indoor Agriculture Projects

Indoor farming is taking off in Ontario, Canada as a whole – in businesses, remote communities, cities with harsh climates, even in homes. It’s not just a greenhouse model; these plants are often grown without soil and in climate-controlled environments. While indoor agriculture reduces the amount of water and energy that goes into agriculture production,…

NRC IRAP: Nearly $250K in IRAP Funding for VoxNeuro

NRC IRAP: Nearly $250K in R&D Funding for Hamilton Company

VoxNeuro has received financial support from the National Research Centre’s Industrial Research Assistance Program (NRC IRAP) to accelerate the company’s commercialization of the world’s first objective cognitive health assessments. The assessments use EEG-based neuroimaging to diagnose brain injuries in new ways. VoxNeuro received nearly $250K in Canadian research grants for technology that helps identify specific…

The Scully Effect: Is it Real?

The Scully Effect: Did Aliens on TV Drive Women into STEM?

If you were around in the 1990s, you may have watched Gillian Anderson in The X-Files. Anderson played FBI Agent and medical doctor Dana Scully, the skeptical foil to Agent Fox Mulder (David Duchovny). While Mulder was a believer in all things occult and extra-terrestrial, Scully was analytical; she demanded scientific proof before she would…

SWODF Supports FCA’s $10M Project

Southwestern Ontario Development Fund Supports $10.1M Project for FCA

FCA Canada recently received funding from the Ontario provincial government to support an investment in a new Vehicle Dynamics Simulator (VDS) lab that features the most advanced driving simulation technology in North America. FCA Canada, a subsidiary of FCA US, operates assembly facilities in Windsor and Brampton, Ontario; these facilities produce several Chrysler and Dodge…

New Intake: Southwestern/Eastern Ontario Development Fund

Next Intake Open October 19, 2020: SWODF/EODF Community Economic Development Stream

Update: In response to COVID-19, the fourth intake period of SWODF/EODF is October 19, 2020 – December 1, 2020. The Community Economic Development Streams of the Southwestern Ontario Development Fund (SWODF) and the Eastern Ontario Development Fund (EODF) provide support to municipalities and not-for-profit organizations for projects and investments that spur economic development in southwestern…

Contingent Business Interruption Insurance

Risk Management Strategy: Contingent Business Interruption Insurance

Just one brief business interruption can be incredibly costly for an organization, often leading to serious reputational damages or long-term closures. Standard business interruption policies are vital in these instances, providing protection against a variety of common interruptions, including natural disasters, equipment damage, and vandalism. But what happens when one of your suppliers or customers…

R&D Funding: Develop Your Project from Start to Finish

Funding for Research and Development: From Idea to Commercialization

Government funding for research and development (R&D) activities is widely popular. There are many different funding programs and mechanisms available to help businesses offset the costs (and risks) of engaging in R&D. This helps Canadian businesses to reduce the time it takes to develop a new product or service. Many businesses that we work with…

Key Insights: Canada’s State of Trade 2019: Part 1

Canada’s State of Trade 2019: Part 1 – Key Points for Canadian Exporters

Global Affairs Canada has released Canada’s State of Trade, an evaluation of the country’s economic performance. The report highlights and assesses key developments in Canada’s international trade and examines domestic and foreign economic trends. According to the report, the global economy has seen weaker growth than in previous years; however, Canada’s exports and imports both…