FedDev Ontario investment of $2.5 million for BECC Modular to manufacture up to 2,200 modular structures per year and create 35 jobs Ancaster – Strengthening the economy and making life more affordable for Canadians are the top priorities for the Government of Canada. That is why the Government of Canada is investing in local manufacturers that are making it easier …
Ontario Releases 2023-24 First Quarter Finances
Fiscal update shows government’s plan is working TORONTO — The Ontario government released the 2023-24 First Quarter Finances, the first update on the province’s economic and fiscal outlook since the 2023 Budget: Building a Strong Ontario. Overall, this update demonstrates the government’s plan is working, as Ontario’s economy has remained resilient through heightened economic and geopolitical uncertainties. Despite the resiliency of Ontario’s …
$4.5M Manufacturing Investment in Ottawa
Veritas Tools’ expansion project will create more good-paying jobs OTTAWA — The Ontario government is supporting a $4.5 million investment by Veritas Tools Inc. to boost local manufacturing and create 30 new good-paying jobs in Ottawa. As part of this investment, the government is providing $675,000 in funding through the Regional Development Program’s Eastern Ontario Development Fund. “Local manufacturers like …
Introducing New Investment Tax Credit for Manufacturers
Government taking further action to bring more manufacturing jobs back to Ontario TORONTO — 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. As part of the upcoming 2023 Budget, the government will propose legislation …