TORONTO — The Ontario government is welcoming an investment of over $100 million by Hitachi Rail, a leader in the global transportation ecosystem, to expand their Toronto operations and upgrade their world-leading communication-based train control (CBTC) signalling technology. The investment will enable the integration of AI, 5G, edge and cloud computing in their products, securing the future success of Ontario-invented technology. …
Funding announced at world’s largest Biotech conference will boost homegrown innovation TORONTO — The Ontario government is investing $40 million from the Venture Ontario Fund, dedicated to helping Ontario life sciences companies and biomanufacturers innovate, grow and compete in global markets. This new funding will help the province’s researchers and companies develop innovative life-saving medicines and technologies of tomorrow. “Ontario …
Province’s dynamic automotive and technology sectors highlighted at South by Southwest TORONTO — The Ontario government has concluded a successful trade mission to Texas to promote the province’s growing automotive and technology sectors and to explore new opportunities for investments and job creation. The mission, led by Vic Fedeli, Minister of Economic Development, Job Creation and Trade, included the province’s …
