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Ontario Welcomes $4 Million Manufacturing Investment

CES Transformers expansion will create 80 good-paying jobs in Markham August 21, 2023 The Ontario government is welcoming a $4 million investment by CES Transformers, a leading manufacturer of power transformers, the devices used to transmit electrical power from one circuit to another. This investment, to expand the company’s existing facility and increase production, will…

Ontario Attracting Investments to Build a Resilient Economy

August 8, 2023 Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued the following statement on the monthly employment release by Statistics Canada, which showed that while jobs in Ontario decreased in July 2023, the manufacturing sector saw an increase of 7,800 jobs. “At a time of global uncertainty, our government is working…

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Ontario and Michigan Strengthen Economic Ties

New agreement will support increased trade and job creation in both jurisdictions July 25, 2023 Ontario and Michigan are building on their longstanding economic relationship through a new partnership that will increase trade, attract investment and encourage job creation in both jurisdictions. The new Economic Cooperation Memorandum of Understanding (MOU) will support joint initiatives in…

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Canada and Ontario Establish An Auto Pact to Secure Stellantis-LGES and Volkswagen Deals

Auto pact on joint support for electric vehicle and battery projects will attract economic growth and create thousands of good-paying jobs July 18, 2023 Recently, the Honourable Chrystia Freeland, Canada’s Deputy Prime Minister and Minister of Finance, the Honourable François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry, the Honourable Doug Ford, Premier of Ontario,…

Ontario Supporting More Innovation in Growing Tech Sector

July 3, 2023 New funding will help equip Ontario businesses with critical technologies to boost competitiveness. The Ontario government is investing up to $77 million in two projects to help Ontario companies adopt, develop and bring to market critical technologies, such as 5G, ethical artificial intelligence (AI), blockchain, cybersecurity and robotics. The new funding, announced…

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Mitsui High-tec, Ontario Welcomes $102 Million Investment for Growing Electric Vehicle Sector

Mitsui High-tec (Canada), Inc.’s new Brantford facility will help build province’s EV supply chain June 29, 2023 The Ontario government is welcoming a $102.3 million investment by Mitsui High-tec (Canada), Inc. a manufacturer of motor cores, the basic structure of the motor used in electric vehicles (EVs). This investment, to expand the company’s Canadian operations,…

Ontario Promotes Growing Aerospace Industry During Mission to France and Switzerland

June 26, 2023 Aerospace manufacturers announce over $4 million in investments for Ontario at Paris Air Show.  The Ontario government has concluded a successful business mission to France and Switzerland to promote the province’s aerospace, manufacturing and life sciences sectors and explore new opportunities for investment and job creation. Vic Fedeli, Minister of Economic Development,…

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Ontario Launches New Fund to Build Skilled Trades Training Centres

June 21, 2023 New fund is projected to help train more than 1,000,000 workers now and into the future The Ontario government is working for workers by investing $224 million to build and upgrade training centres and help tackle the province’s historic labour shortage. Applications for the new Skills Development Fund (SDF) Capital Stream open…

Ontario’s Advanced Manufacturing Council

May 1, 2023 Ontario continues to attract key investments and create meaningful opportunities for people, families and businesses across the province. Many of these opportunities are in the manufacturing sector. As announced in the 2022 Budget, Ontario is establishing an Advanced Manufacturing Strategy to help boost the long‐term competitiveness and resilience of the sector. As…

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Ontario Investing in Critical Minerals Supply Chain for Electric Vehicles

New funding helping junior mining companies search for minerals used in automotive and battery manufacturing April 26, 2023 The Ontario government is increasing funding for the Ontario Junior Exploration Program (OJEP) to help more companies find critical minerals such as nickel and cobalt, which are necessary to support the growing supply chain for electric vehicles, and create…

Ontario Promotes Key Sectors During Trade Mission to New York City

April 17, 2023 Province highlights world-class workforce in meetings with U.S. companies The Ontario government has concluded a successful business mission to New York City to promote the province’s financial services, information technology and life sciences sectors, and explore new opportunities for investment and job creation. The mission, led by Vic Fedeli, Minister of Economic…

Ontario Investing in New Innovative Hub to Grow the Life Sciences Sector in Kitchener and Waterloo

April 17, 2023 $7.5 million investment will support a new state-of-the-art Innovation Arena for start-ups The Ontario government is investing $7.5 million to help build a state-of-the-art Innovation Arena at the University of Waterloo. The new $35 million facility will be a hub for innovation in Ontario’s life sciences sector in Kitchener and Waterloo, supporting…

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Governments of Ontario and Canada Welcome $40 Million Manufacturing Investment

March 27, 2023 The governments of Ontario and Canada are welcoming a $40 million investment by VueReal Inc., a made-in-Ontario start-up located in Waterloo. This investment, supported by $10.5 million in joint funding, will boost local manufacturing, strengthen cleantech innovation and create 75 new, good-paying jobs. “VueReal’s investment is a vote of confidence in Ontario’s world-class workforce…

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Ontario Introducing New Investment Tax Credit for Manufacturers

Government taking further action to bring more manufacturing jobs back to Ontario with New Investment Tax Credit March 23, 2023 To attract additional investment in the province’s economy, the Ontario government is announcing plans for a new Ontario Made Manufacturing Investment Tax Credit to help local manufacturers grow, innovate, become more competitive and create jobs….