Mergers and acquisitions (M&A) are increasingly common in today’s business landscape. According to the Institute for Mergers, Acquisitions, and Alliances (IMAA), M&A activity continues to rise, with over $3.8 trillion USD in deals completed in 2018 – and with nearly $1.8 trillion USD completed in 2019 so far, it doesn’t look like it’s going to…
The government of Canada continues to support the Canadian wine industry to expand and allow the sector to reach international markets. Vineyards in Canada are an important part of the country’s economy and investing in long-term growth is crucial to ensure growers have access to all the necessary tools to produce high-quality products. The Canadian…
Precision Fab Inc. (PFI) is an ISO 9001 certified manufacturer of metal racking for the automotive, aerospace, and material handling industry. Headquartered in Aylmer, Ontario, the company operates three North American manufacturing facilities and continues expanding its operations through strategic investment projects. In recent years, Precision Fab has used Canadian manufacturing grants to help spur…
Ontario is on a mission to strengthen its position as a world-leading automotive manufacturer, by supporting its vast collection of information and communication technology companies. One of the key technologies emerging within the self-driving industry is high definition mapping for autonomous vehicles. HD maps are extremely high-resolution maps with centimetre-level precision to ensure the highest…
To expand the implementation of environmentally friendly solutions involving water, soil quality, and air while reducing greenhouse gas emissions, municipal governments across the country have recently received Canadian government funding. Fifteen innovative green projects have been awarded and will help bring long-term sustainability to communities from coast to coast. 15 initiatives taking place across Canada…
Since its launch in 2017, Canada’s Strategic Innovation Fund (SIF) has undergone several enhancements to support investments in advanced technology. This includes the launch of a fourth funding stream, Research Consortiums and Networks and more recently, the launch of a fifth stream called “National Ecosystems.” Unlike SIF’s fourth stream, which typically supports targeted calls for…
The Rural Innovation Initiative (RII) Regional Stream is an Eastern Ontario business funding program designed to offset technology adoption, adaptation, development, and commercialization costs. As administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), the program is very similar to the previous Eastern Ontario Development Program (EODP), a government grant designed to…
The electrification of vehicles has long been considered a practical advancement of automotive technology. With many Canadians and global automotive customers shifting their mindset away from internal combustion engines (ICEs), electric vehicles need to be seriously considered by technology developers and automotive manufacturers. Even the shipping and logistics industry is considering how fleets of vehicles…
In today’s business climate, organizations are expected to extend credit to their customers, as it enhances purchasing power and creates opportunities that may not have been available otherwise. However, offering credit is a balancing act for most businesses, as just one late payment or customer insolvency can put stress on an organization’s cash flow and…
Canadian government funding programs can support small businesses, large corporations, non-profits, and post-secondary research institutions. With this said, in order to access these programs, it’s crucial to understand which ones will provide the best fit for your organization’s upcoming strategic projects. Fortunately, business leaders will have the chance to ask all their government funding questions…