$9.7 million in funding helping the Ontario Bioscience Innovation Organization bring new technologies to market TORONTO — The Ontario government is investing up to $9.7 million to support a project by the Ontario Bioscience Innovation Organization (OBIO) that will help Ontario companies in the life sciences sector adopt and develop critical technologies, such as 5G, ethical artificial intelligence (AI), blockchain, cybersecurity, quantum and …
New agreement will support increased trade and job creation in both jurisdictions OTTAWA — 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 priority areas, such as electric vehicles …
Breadsource Corporation expansion will create good-paying jobs in Scarborough SCARBOROUGH — The Ontario government is welcoming an $18.4 million investment by Breadsource Corporation, a family-owned company that produces baked goods. The investment will be used to build a new manufacturing facility in Scarborough and create 13 new jobs. Current workers will also be trained on state-of-the-art technology at the new …
Siltech Corporation expansion will create good-paying jobs in Fort Erie FORT ERIE — The Ontario government is welcoming a $100 million investment by Siltech Corporation, an Ontario manufacturer of specialty silicone used in the personal care, automotive, agriculture, pulp and paper, and oil and gas industries. The investment, to build a new manufacturing facility in Fort Erie, will create 51 …
Province improving road safety and traffic flow in northern Ontario NORTH BAY – To improve road safety and keep people and goods moving across the province, the Ontario government has awarded a contract to begin the environmental assessment and design work for a 2+1 highway on Highway 11 north of North Bay. “Taking the next step to build the first …
Investors announce new $100 million South Korea-Canada life sciences venture capital fund TORONTO — The Ontario government has concluded a successful business mission to South Korea and Japan to strengthen relationships with economic partners and attract new investments in key sectors, including the life sciences and automotive sectors. As part of the mission, LSK Investment, a private South Korean life …
Building clean electricity generation, storage and transmission key to meeting energy demands for 2030 and beyond WINDSOR – The Ontario government released the Powering Ontario’s Growth plan, outlining the actions the province is taking to meet the increasing demand for electricity driven by strong economic growth and electrification through the 2030s and 2040s. These actions, which include new zero-emissions electricity generation, long duration …
Mitsui High-tec (Canada), Inc.’s new Brantford facility will help build province’s EV supply chain BRANTFORD — 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, will create 104 highly skilled, good-paying jobs, …
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 …
Aerospace manufacturers announce over $4 million in investments for Ontario at Paris Air Show TORONTO — 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, Job Creation and Trade, led a …
