Funding
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Ottawa gives automotive technology a $41M boost
Strategic Innovation Fund aims to create or maintain more than 2,600 jobs.
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Saskatchewan, Manitoba excluded from $2B carbon fund
‘Only fair’ says McKenna; provinces will only get a share if they sign up by the end of the year.
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Federal government set to help softwood industry with $1B aid package
Plan expected to include EI enhancements for laid-off workers and funds to assist with exploring new markets and innovations.
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Feds, Ontario each grant Honda Canada $42M for plant upgrades
Automaker will invest $492 million over three years to modernize its Ontario facilities and improve its carbon footprint.
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BDC creates $135M venture fund for clean tech startups
ICE Venture Fund II is a follow-on to the original fund, which invested in 18 firms.
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Alberta gets $3M to attract business headquarters to Calgary
Calgary’s downtown office vacancy rate topped 21% just last month.
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Bombardier gets final installment of Quebec’s $1B for CSeries
Aerospace manufacturer till waiting on word on federal funding of $1 billion.
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Federal, Ont. Liberals to sign $1.49B transit deal
$688 million worth of projects in five Ontario cities for first recipients.
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Quebec finalizing $1B CSeries funding for Bombardier
Premier says first payment will be made when issues including liquidity are dealt with.
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Crowdfunding turns Canadian firms into booming international businesses
The platform is becoming an increasingly real growth strategy.
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Feds renew CME SMART program funding with $20M investment
Program meant to encourage advanced technology adoption to enhance productivity and competitiveness.
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Hudak touts jobs plan at plant that took “handout”
PC leader says lower taxes and power rates are more useful than government handouts.
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New Quebec group challenges McInnis Cement plant
The group claims $450 million in government funding and tax breaks provide an unfair advantage.
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BC, federal government sign agreement on Canada Job Grant
Agreement in principle includes the renewal of the Labour Market Agreement, renamed the Canada Job Fund.
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Ottawa invests $250M in Montreal based simulator maker CAE
The interest free loan will be repaid over 15 years starting in 2020.
