In 2013, there were approximately 46,700 students enrolled in Ontario colleges and universities that had a reported disability. Every post-secondary institution across the province has resources allocated to helping these people make the most of their education and prepare them to make the transition into the working world, however small businesses can be reluctant to…
Business innovation in Canada has remained stalled in comparison to other developed and developing nations. The Canadian government has invested nearly $25 billion in federal government grants, loans, and tax incentives between 2006 and 2014 to support innovation in Canada, however this strong funding support is still evolving to be better utilized by industry. Compared…
Does your small business have enough financing to implement its next strategic project? Financial constraints often lead to postponed or cancelled projects that would otherwise grow the business; you can’t make money without money. In order for businesses to have the necessary cash flows for their key strategic projects, the Business Development Bank of Canada…
The 150th anniversary of Canada’s Confederation in 2017 will be a monumental event that allows all Canadians to connect to the nation’s past, celebrate who we are, and build a lasting legacy which leads into the future. As such, the Canadian government and the Department of Canadian Heritage (PCH) have created the Canada 150 Fund…
It has been a busy month for government funding grants in British Columbia. Between Agriculture and Agri-Food Canada (AAFC) and the British Columbia Ministry of Agriculture, over $1.5 Million has been awarded to 17 innovative small business projects. These highly innovative plans which will be implemented by B.C. companies are set to bring a new…
Amongst the updates announced in the Economic Action Plan 2015 was an improvement to the Canadian Small Business Financing Act (CSBFA), a popular small business loan to extend cash flows and support growth. As a quick overview, CSBFA was created to help businesses in establishing, expanding, modernizing, and improving their systems and targets. Businesses can…
A recent investment of $1,562,000 from the Western Economic Diversification Canada has allowed for the creation of a pilot initiative called Mitacs Converge. Mitacs Converge will provide government grant funding to support research initiatives. Mitacs, which connects and nurtures partnerships between academic institutions, SMEs, and multi-national companies, has added Converge to their established list of…
The Canadian manufacturing sector has identified a great need for national levels certifications for their shop floor workers and management in order to validate industry labour quality standards. The Canadian Manufacturers & Exporters (CME) and the Canadian Labour Congress (CLC) have developed a solution. CertWORK+, is available now as the first national standards and certification…
In its launch last year, the Canadian Agricultural Adaptation Program (CAAP) committed $50.3 million in government grant funding over 5 years (2014-2019). Funding will be determined on a case-by-case basis to provide up to 50% of project costs to $1 million per project, or $4 million in total funding over the 5-year program. It is…
With the popularization of crowdfunding (public platforms where entrepreneurs can pitch their ideas in hopes of gaining financial support), the Canadian government and various Provincial governments have begun to weigh in on the implications for early-stage businesses. In this article I hope to offer some insight into the recent changes to Canadian law as well…