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Skills Catalyst Fund: Up to $500k in Funding for Workforce Development

Skills Catalyst Fund: Up to $500k in Funding for Workforce Development

technology, globalization, and demographics, it’s important to continue to invest in its people to ensure a competitive labour economy. To support these opportunities, there are new innovative development initiatives taking place. One of these is a recent grant called the Skills Catalyst Fund, which funds focused solutions and projects that support better employment and employability…

Canadian Government Funding Landscape: A Wrap on 2019 and Insights on 2020

Canadian Government Funding Landscape: A Wrap on 2019 and Insights on 2020

Well, whether we’re thrilled about it or not, we’ve officially put 2019 behind us and have welcomed 2020! As Canadians prepare for the year ahead, many businesses plan to undergo a similar jumpstart. Companies and governments operate on cycles that change throughout the year. These organizations tend to prepare and/or focus on annual budgets while…

Canada’s Regional Development Agencies: Could They Help Your Business?

Canada’s Regional Development Agencies: Could They Help Your Business?

One of the more challenging elements of Canadian government funding can be understanding where and how funds flow, and which agencies offer and oversee funding programs. Some of the key players in government funding are Canada’s Regional Development Agencies (RDAs). Created and funded by the Government of Canada, these agencies offer federal programs at a…

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

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…

Export Trade Shows for Canadian Businesses in 2020

Export Trade Shows for Canadian Businesses in 2020

Does your business plan to exhibit at international trade shows this year? Trade shows provide an opportunity to grow your business in new markets and drive higher global revenues. They diversify your client base and can serve as a launching point for sustained international success. Yet, for many businesses, researching international trade shows can be…

Strategic Innovation Fund Invests $37.5M into BioVectra Inc.

Strategic Innovation Fund Invests $37.5M into BioVectra Inc.

BioVectra Inc., based in Charlottetown, Prince Edward Island, serves the medical and biotech sectors and manufactures pharmaceutical products. These products have been used in the treatment of illnesses such as kidney disease, cancer, multiple sclerosis, and cardiovascular disease. The firm has recently received Canadian government funding to support strategic growth projects that include creating and…

Government Funding for Hiring Manufacturing Apprentices and Interns

Government Funding for Hiring Manufacturing Apprentices and Interns

Hiring youth workers for manufacturing positions can be costly. With significant training and onboarding expenses that exceed the investment required with experienced labourers, the costs of recruiting youth workers can often outweigh its benefits. Still, employing apprentices and interns is an excellent strategy to overcome talent gaps. Manufacturers need to know how to incorporate a…