Canada’s leading advanced technology businesses continue to thrive because of constant investments into innovative R&D. In 2015 alone, the Canadian technology industry contributed more than $9.1 million towards innovative research and development initiatives. This is a calculated approach to growth, since research typically leads to innovation and to international competitiveness. As one of the world’s…
In order for Canadian businesses to develop innovative products and processes, a generation of skilled researchers and labourers must be raised. But despite the clear connection between research, engineering, and success in globally-competitive industries, 35% of Canadian manufacturers and exporters are unable to find and retain skilled labour. This disconnect is limiting growth potential and…
To stay competitive in the automotive industry, manufacturers must find innovative solutions to differentiate themselves and their products. Investing in new research and technology developments can enable both small and large manufacturing businesses to achieve higher profits, and become more competitive. In support of this ideology, Magna International Inc. has invested in the development of…
Every day, Canadian hospitals create environmental and health and safety hazards by expelling destructive greenhouse gases (GHGs) into the atmosphere. Surgical operations requiring the use of halogenated anaesthetic drugs release alarmingly high amounts of carbon dioxide emissions. With approximately 54,000 operating facilities in Canada, GHGs produced could soon exceed amounts comparable to two million vehicles….
Kraken Sonar Systems Inc. is an engineer and manufacturer of advanced sonar and acoustic velocity sensors for Unmanned Underwater Vehicles. The technologies developed and commercialized by Kraken Sonar are widely used among military and commercial applications. On November 10, 2016, Kraken Sonar was announced as recipients of up to $485,000 in Canadian government grants from…
Canada’s second largest wheat and flour milling operation, Parrish and Heimbecker, Ltd., was recently awarded a federal funding investment of $10M to build a new grain processing plant in Hamilton, Ontario. Canadian government funding provided through Agriculture and Agri-food Canada (AAFC) will allow the company to increase its production capacity and market exports. Parrish and…
The Province of Ontario is positioning itself to be a leader in the development of clean technologies, commonly referred to as “cleantech”. Funds generated from the Ontario provincial cap and trade program will be reinvested into ‘green economy’ businesses, or those exploring new ways to reduce carbon emissions. This is a contributing factor in the…
The Federal Economic Development Agency for Northern Ontario (FedNor) recently committed close to $1.5M in federal investments to promote greater innovation and competitiveness within northern Ontario. On October 28, 2016, FedNor announced that it would provide up to $1,488,972 in Ontario government funding to support the Sault Ste. Marie Innovation Centre. The Innovation Centre provides…
Greenhouse gas emissions (GHGs) are the leading cause of climate change, however many people have misguided perceptions about where these pollutants come from. Considerable blame is placed on businesses, (industrial companies particularly) but there are other sources of pollution that must be addressed too. Cities contribute more than 66% of global carbon emissions – this…
Among all of the crops produced by Canadian farmers, apples and greenhouse tomatoes generate some of the highest revenues. In 2015 alone, Canadian agriculture farmers earned over $230 million from apple sales and nearly $830 million from greenhouse tomatoes, each boasting strong domestic and international sales. However, pests and bacteria can pose a threat to…