On August 22, 2019, the CanExport funding program undertook two significant updates that impacted how the program operated and the value it provided to Canadian exporters. The first and most notable update was to the program’s contribution amount, while the second focused on company eligibility. Previously, agriculture and agri-food companies were unable to apply; these…
Clearcable Networks, based in Hamilton, Ontario, is a specialized telecommunications technical consulting firm. They focus on the needs of service providers by maintaining existing infrastructure, developing new business revenue streams, and driving new advancements in the global telecommunications sector. Clearcable has already expanded their business into the United States, and has recently received government funding…
NOTICE: As of August 22 2019, the CanExport program now offers up to 75% of project expenses to a maximum of $75,000 per application and is open to agricultural producers and processors. Please refer to the CanExport program page for the most recent updates. It’s been quite an eventful year for the popular CanExport funding program. Earlier in…
Canada’s recently-released Fall Economic Update offers many provisions that directly support business competitiveness and make it easier to invest. Most beneficial to manufacturers is the announcement that the full cost of machinery and equipment can be written off immediately. Businesses outside of the manufacturing industry will also benefit from a similar incentive that supports writing…
For many businesses, entering a new market is a risky, time consuming, costly, and stressful endeavor. While businesses that already export can benefit from previous experience, existing processes, and internal know-how when entering a new market, there are still many risks in export expansion. Risk is amplified for businesses entering their first export market. While…
The United States-Mexico-Canada Agreement (USMCA) offers many opportunities as well as some challenges for Canadian businesses. If ratified, the new agreement-in-principle will take effect on January 1, 2020 and significantly impact supply chain management, predominantly in the dairy, poultry, and automotive sectors. While there are many businesses across Canada that are concerned about these changes,…
NOTICE: As of August 22 2019, the CanExport program now offers up to 75% of project expenses to a maximum of $75,000 per application and is open to agricultural producers and processors. Please refer to the CanExport program page for the most recent updates. CanExport is a Canadian government funding program that supports export development…
Many Canadian firms have unrealized export potential. Canada’s sterling international reputation and strong business landscape should lend well to Canadian export success, yet many businesses do not leverage this opportunity. Whether it’s because of the upfront investment or effort required, Canadian businesses tend to shy away from international markets. Fortunately, Canadian government funding programs can…
Between 2014-2015, Canadian greenhouse growers participated in a series of trade missions in Asia that helped boost consumer demand for Ontario-grown produce. Thanks to successful export marketing efforts in Hong Kong and China, Ontario greenhouse cucumbers are now generating new international revenues for agri-food businesses. This exporting opportunity was identified by the Ontario Greenhouse Vegetable…
The CanExport funding program provides Canadian government grants to support export marketing projects including participation in trade shows and government-led trade missions. By accessing additional funding for these types of activities, businesses can de-risk export market evaluation and development, ultimately helping to accelerate international growth. Through CanExport, Canadian businesses may access up to 50% of…