Across Canada, new digital technologies are enabling businesses to grow and develop globally-demanded products and services. In fact, information technology development will soon become the country’s largest economic driver, signalling that the Age of the Digital Economy is quickly approaching. The World Economic Forum (WEF) refers to the coming Digital Age as the 4th Industrial…
Modern healthcare technologies (healthtech) are transforming Ontario’s health care system to provide greater care for patients at a lower cost. This rapid acceleration of innovation has made the province a better place to live, work, and perform scientific research in. Businesses may take advantage of Ontario’s healthtech ecosystem, which includes a variety of research grants,…
Reducing carbon emissions and creating a sustainable low-carbon economy are top priorities for provincial governments across Canada. While some provinces have taken more ambitious steps than others, all provinces and territories are beginning to shape the future of climate change legislation, and with it, a series of new incentives for businesses ‘going green’. Ontario and…
Update: The National Research Council (NRC) now offers project-based funding through a single Industrial Research Assistance Program (IRAP). Please visit the NRC-IRAP Research Project Contributions page for more information. Businesses with substantial internal research and development projects may access a variety of Canadian government funding options. Available at the federal and provincial levels, research grants…
What if everything your business has been doing since its inception was flipped upside down and the complete opposite approach was enforced? This is the concept behind W. Chan Kim and Renée A. Maurborgne’s Blue Ocean Strategy, which was created based off of primary research conducted on over 150 businesses across more than 30 industries…
The Ontario automotive industry continues to be an intense focus for the provincial and federal governments. Commitments from both levels of government to enable innovation and create a green economy has helped to secure new investments from Canadian businesses, of whom, General Motors (GM Canada) recently announced their expansion in southwestern Ontario. As part of…
New details have been released regarding the Government of Ontario’s commitment to green energy grants and incentives for business. The low-carbon economy that is being proposed by Ontario’s government will seek to raise funds from a variety of carbon-emitting activities and reinvest those funds into the economy by supporting clean technologies. Businesses in Ontario, especially…
The Canadian manufacturing industry remains cautiously optimistic moving forward in 2016. While some sectors within the manufacturing industry are seeing rapid growth, others are stagnant or contracting due to a variety of economic and labour issues. This type of uncertainty isn’t new to manufacturing executives, but being able to plan ahead and execute growth strategies…
The Interactive Digital Media Fund provides Ontario government grants for businesses that are conceptualizing or producing interactive digital media content. Through two unique streams, the program provides small business funding worth up to 50% of project expenses to plan and produce content. Ontario companies may wish to pursue this opportunity if they are producing interactive digital…
Recently, “innovation” has become one of the most popular buzzwords in Canadian business, politics, and the economy. While there are many definitions of innovation, it can simply be stated that innovation entails revolutions to make the subject matter faster, more efficiently, or simply better than previous version, sometimes creating a completely new product/technology category altogether….