Can industry-led research and development help Canada transition to a knowledge-based economy? The Government of Canada thinks so, and has been calling on businesses across the country to become more innovative by all means possible. Since the Liberal government took power in Canada, there has been a stark contrast in the way economic development has…
Now that summer is officially over, small businesses are returning to maximum productivity. However as Canadian companies race towards the end of the calendar year, it’s important to remember there are significant opportunities to learn and grow your company through professional and industry events. Business owners and executives can make the most of October by…
Canada’s innovation economy is transforming how the automotive industry competes with global manufacturers. Canadian automotive suppliers must work smarter and develop new technologies or processes that enable clean, efficient automobiles to be created. To incentivize this transition, the Canadian federal government created the Automotive Supplier Innovation Program (ASIP) to support investment into research and development…
On July 20, 2016, Tesla Motors’ CEO Elon Musk released a blog entitled “Master Plan, Part Deux”. The highly anticipated document identified several key changes to Tesla’s business model and also unveiled some of the newest, most innovative technologies that Tesla is working on. Among some of the most notable changes, Tesla may be modifying…
Reducing carbon emissions and creating a sustainable low-carbon economy are top priorities for provincial governments across Canada. While some provinces have taken more ambitious steps than others, all provinces and territories are beginning to shape the future of climate change legislation, and with it, a series of new incentives for businesses ‘going green’. Ontario and…
Canadian businesses must look for ways to increase exports and drive revenue from international customers. Especially in the technology industry, companies should always be looking for new ways to grow their business both domestically and on a global scale. With a high demand for Canadian products and economic conditions that support increased exports, businesses should…
Viscor Inc. is a Toronto, Ontario-based manufacturer of lighting and sheet metal products for commercial and industrial use. Since 1952, the company has had incredible domestic success and has expanded to offer three product lines, Visioneering, Certolux, and TBR Lighting Brands. Although Viscor Inc. is the leading producer of LED and fluorescent lighting products in…
As part of the Government of Canada’s 2015 Economic Action Plan, the Automotive Supplier Innovation Program (ASIP) provides Canadian government funding to businesses demonstrating and prototyping innovative automotive products or processes. Through this business funding opportunity, more Canadian businesses will be able to contribute clean, sustainable, and energy efficient technologies to a market that is…
A transitioning Canadian economy has provided new opportunities for automotive manufacturers across the country. Declining oil and energy market prices have increased the importance of automotive success, and all levels of government within Canada are searching for ways to strengthen the automotive sector. Canadian government funding for innovative research and development projects is now more…
Since its inception in 2008, the Canadian government funding program Automotive Innovation Fund (AIF) has awarded over $468 million in support. This funding fuels automotive R&D projects aimed at improving fuel-efficiency and lowering the environmental impact of automobiles. Canadian businesses awarded with funding include Toyota, Ford, Linamar, and Magna International. The program was renewed in 2016…