Tourism has had a profound impact on Ontario’s reputation as one of the most economically successful, culturally diverse, and geographically beautiful regions on earth. By hosting large-scale tourism events, Ontario has an opportunity to bring long-term improvements and sustain this reputation. The Government of Ontario provides grants for events, festivals, and cultural organizations that host…
Milton, Ontario business, Chudleigh’s Ltd., produces and processes high quality dessert food products. Their 100-acre apple farm and 82,000 sq. ft processing facility provides Chudleigh’s with the ability to deliver fresh, locally-sourced food to consumers in Canada and across the world. Chudleigh’s most successful and recognized product, the Apple Blossom®, is a favourite among both…
Northern Ontario’s keen focus on profiting from natural resources has helped and hindered the area’s economic development. While these industries have led to wide scale investment for northern Ontario, the global market for natural resources has deteriorated over recent years and has reduced the amount of incoming business investments. However, northern Ontario is slowly beginning…
The Automotive Supplier Innovation Program (ASIP) was created as part of the Economic Action Plan 2015. This Canadian government funding program will provide up to $100 million over five years (2015-2020) to encourage automotive suppliers to develop new innovative products and processes that will make Canada more competitive on a global scale. This program was…
Canada is known for many things, one of which is the quality of our education. Canada’s post-secondary institutions continue to prove themselves as global contenders. In fact, McGill University, the University of Toronto, and the University of British Columbia all ranked among QS World University Rankings 2015/2016’s top 50 universities in the world. With such…
Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. Southern Ontario businesses have a variety of options available to assist with business expansion and growth initiatives. One of the most popular choices for small and mid-sized companies in the region is FedDev Ontario’s 0% interest small business loan, Investing in…
Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. The Investing in Business Growth & Productivity Ontario government funding program is one of the programs that make up the Southern Ontario Prosperity Initiatives (SOPI), administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The SOPI program, founded…
Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. Administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), Investing in Business Growth & Productivity (IBGP) is one of core programs which comprise the $530 million Southern Ontario Prosperity Initiatives (SOPI) running from 2014-2018. IBGP has a stream…
According to a 2014 release of Statistics Canada data, Canada continues to decline in its commitment to innovation. The portion of Canadian businesses investing in process innovation fell from 33.5% in 2007-2009 to 29.0% in 2010-2012. Similarly, innovative businesses in Canada fell from 76.3% to 60.1% in the same time period. This decline is alarming….
Canadian small-and-medium sized businesses (SMEs) are vital to the success of the economy and well-being of all Canadians. In 2012, nearly 90% of the Canadian workforce was employed by SMEs, and these businesses were responsible for contributing close to 30% of Canada’s overall GDP. In Ontario, SMEs employ over 3.8 million people and are a…