Dajcor Aluminum Ltd. is a leading manufacturer of extruded and fabricated metal components. Their products are used among the automotive, renewable energy, military, construction, marine, and indoor plumbing industries. Since being established in 2010, the company has invested significant resources to its expansion and now supports over 150 employees. Dajcor recently received a repayable contribution…
Canadian manufacturers depend on innovative technologies new technologies to stay competitive. In fact, a recent survey identified that 55% of Canadian manufacturers are currently investing in technologies, while an additional 32% plan to take similar actions in the future. This is for good reason; by adopting innovative technologies, manufacturers can increase profitability and international competitiveness….
Every year, an average of 130,000 new Canadian small businesses are established. But despite this entrepreneurial drive, only 35% survive their first five years. While startups are critical to Canada’s innovation and overall business competitiveness, they face extreme pressure to maintain tight cash flow and survive streamlined operations. It can be tough, but entrepreneurs aren’t…
Ontario’s advanced manufacturing industry is a top driver of Canada’s economic performance. In 2015 alone, manufacturing sales in Ontario contributed nearly $290 million in GDP and sustained nearly 800,000 high-quality jobs. One of the reasons for this success is because Ontario government funding supports manufacturing investments that lead to productivity improvements, innovation, and international exports….
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…
On November 14, 2016, Prime Minister Trudeau and nine federal cabinet Ministers met with Canadian and international investors to pitch investment in Canadian infrastructure projects. During a series of meetings throughout the day, Trudeau and his team of Ministers argued the strength and positioning of Canada’s economy, as well as the opportunity to grow in…
A large majority of our clients are producers in one form or another – manufacturers, assemblers, etc. – most of them make or modify a widget. For these types of operations, defining and improving your competitive advantage typically comes down to a combination of product and service. Companies are able to define themselves on innovative…
Many Canadians – especially younger generations who have grown up with internet access at their fingertips – are moving away from traditional media as their primary method to consume radio/television broadcasts. Online streaming services like Netflix, YouTube, Spotify, Apple Music, and online radio channels are capturing more and more users who are driven by accessibility…
When the Government of Canada signed the United Nations’ (UN) Paris agreement earlier this year, they joined a global partnership of countries dedicated to reducing atmospheric greenhouse gasses (GHG). Their goal was ambitious – reduce greenhouse gas emissions by 30% from 2005 levels by 2030. Since signing this agreement, the Government of Canada have made several investments into clean,…
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…