Can the Canadian Manufacturing Industry Double Output by 2030?

Can The Canadian Manufacturing Industry Double Its Output by 2030?

The Canadian manufacturing industry lacks a clear identity, and it’s hindering our ability to be competitive on a global stage. In 2015, Canadian manufacturing sales totalled $610 billion. As of September 2016, sales are on pace to hit $571.9 billion. This $38 billion decline in sales further compounds losses from 2014-15 and continues to jeopardize…

Growing Forward 2 Ontario Success: Farm to City

Growing Forward 2 Ontario’s Farm to City Project Increases Local Beef Sales

As the December 13, 2016 intake deadline approaches for the Growing Forward 2 (GF2) Ontario Organizations and Collaborations Stream, many agricultural producers and processors may be considering the differing ways in which they can create a viable project. One of the best projects that we’ve seen successfully receive GF2 Organizations and Collaborations funding is the…

Eastern Ontario Development Fund Supports Manufacturing Industry

Eastern Ontario Development Fund Supports Over 200 Jobs

Eastern Ontario government funding is supporting the expansion of four growing businesses. The selected manufacturers will create a total of 76 new jobs, while retaining an additional 137 for the region among other key benefits of their projects. On October 13, 2016, Premiere Kathleen Wynne announced that the Eastern Ontario Development Fund (EODF) will invest…

How Hillary Clinton's Presidency Would Impact Canadian Business

5 Ways Hillary Clinton’s Presidency Would Impact Canadian Business

Disclaimer: This article does not endorse either political party or presidential nominee. Today is the American presidential election. We’ll soon know who the next leader of the United States is, and with that knowledge, we can begin looking at the new administration’s incoming changes. Yesterday’s blog reviewed Trump’s platform; and in an effort to analyze…

How Donald Trump's Presidency May Impact Canadian Business

5 Ways Donald Trump’s Presidency Would Impact Canadian Business

Disclaimer: This article does not endorse either political party or presidential nominee. The American presidential election is tomorrow, and Canadians are anxious to see who wins. While Hillary Clinton has led in the majority of polls until now, slim margins could make for a close race. Either candidate could win, and we must be must…

District Ventures Startup Incubator

District Ventures Packaged Goods Startup Incubator: Mentorship and VC

Developing value-added products and services is critical to Canada’s knowledge economy and competitiveness. More than ever, startups and early-stage businesses are being called on to support innovation and respond to new consumer/market preferences. Because of the rising demand for new consumer products, Canadian startups should focus on finding and establishing themselves within this market. Thankfully,…

Automotive Industry on Pace to Secure Over $1.5 Billion in Investments

Automotive Industry on Pace to Secure Over $1.5 Billion in Investments

Unifor, Canada’s largest automotive workers’ union, recently approved new 4-year labour deals with General Motors and Chrysler-Fiat Automobiles. The agreements, which also prevented a potential October 10 strike, will secure slight increases to wages and pensions of workers. However, the real gains made through these negotiations come from securing new investments into Canadian production facilities. Negotiations…

Canadian Government Funding Keeps Businesses in Canada

Canadian Government Funding’s Role in Keeping Businesses in Canada

BioAmber Inc. is a Montreal-based manufacturer of renewable biochemicals including bio-succinic acid, a building block chemical made from corn syrup. The company uses naturally-occurring sugars found in plant matter and transforms them into clean, green chemicals. Some of the products made from biochemical compounds include food flavour and additives, personal care products, adhesives, paints, and…

Foreign Direct Investment Impact on Canadian Economy

5 Ways Foreign Direct Investment Strengthens Canadian Businesses

Most Canadians share an inaccurate, out-of-date view of how businesses grow and succeed in international markets. Gone are the days where businesses manufactured products in Canada and shipped them internationally; now companies must extend beyond borders and become part of an integrated international value chain. Traditional trade measurements fail to recognize is the effect that…

Ontario Business Grants Awarded to Manufacturer via Southwestern Ontario Development Fund

Dajcor Aluminum Awarded Over $1M in Ontario Business Grants

Dajcor Aluminum Ltd. engineers and manufacturers extruded and fabricated metal components. Their products are used for a range of industries, including the automotive, construction, marine, and indoor plumbing sectors. The Chatham-Kent, Ontario-based business has been in operations since 2010 and now maintains 140 employees. The aluminum manufacturer was recently announced as recipients of over $1…