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…
Essar Steel Algoma is a northern Ontario steel manufacturer operating from Sault Ste. Marie, Ontario. Their products, including rolled sheet and plate metal, service customers in a variety of automotive, manufacturing, construction, and energy industries. Essar Steel has recently been announced as the recipients of $60 million in Canadian government funding, which will provide capital…
In the first-ever investment of the SD Natural Gas Fund, Cambridge, Ontario-based CHAR Technologies Inc. will receive $750,000 in Canadian government grant funding. As part of SDTC, (Sustainable Development Technology Canada) the SD Natural Gas Fund supports the development and demonstration of new downstream natural gas technology. CHAR Technologies Inc. will use the Canadian government…
Southern Ontario manufacturers focused on exporting outside of Canada should take note of a newly launched grant. The Canadian Manufacturers & Exporters (CME) association is providing established manufacturing businesses with funding to support the assessment and adoption of advanced technologies. Interested in learning more? Register for our free upcoming informational CME SMART Advanced Technologies for…