Ontario’s high power rates could be a deterrent for companies to locate in the province. According to the Association of Major Power Consumers of Ontario, industrial customers within the province pay approximately $85 per megawatt hour, which is more than… Read more »
Canada Posts First Trade Surplus in a Year
Rising US demand has generated an increase in Canadian exports, allowing for the first trade surplus in a year. Statistics Canada reported a 5.1 % increase in exports in March 2013 to $40.5 billion, with only a 1.7% increase in… Read more »
New Canada Jobs Grant Introduced Under Labour Market Agreements
As part of the 2013 federal budget, the government has announced plans to introduce a new federal training initiative called the Canada Jobs Grant. Back in 2007, Canada unveiled its $3 billion Labour Market Agreements (with the provinces and territories) which… Read more »
Canada’s Performance in Innovation
Ottawa based think tank, The Conference Board, released a series of reports called “How Canada Performs: A Report Card on Canada,” which assesses Canada’s quality of life in comparison to other countries. Canada receives grades of “B” in the majority… Read more »
Expected Measures to be Delivered in 2013 Federal Budget Tomorrow
In regards to government funding programs, the following measures are expected to be announced tomorrow by Finance Minister Jim Flaherty, as part of the 2013 federal budget: Several hundred million dollars in annual funding for companies to train workers in… Read more »
Canadian Business Funding: A Toolkit For Business Owners
If you are running a small or medium-sized enterprise (SME), it can be difficult to obtain the financing required in order to innovate, grow your business, and hire skilled workers. Between all the banks, venture capitalists, and angel investors, one… Read more »
Internship Funding Assists With Canadian Business Innovation
There exists a vast resource of bright young Canadian graduate students and researchers that companies have difficulties tapping into. Internship programs, such as Mitacs – Accelerate, provide a bridge for companies to gain access to these valuable resources to assist in… Read more »
Improving Canada’s Fuel Economy Standards with the Automotive Innovation Fund
Environmentally-friendly vehicles have come a long way in terms of technological advancement and efficiency, but as with anything, there’s always room for improvement. The Automotive Innovation Fund (AIF) is a new program that aims to do just that by providing… Read more »
Exporting to New Emerging Markets
The current emerging economies that businesses are aspiring to export to are Brazil, Russia, India and China or more commonly known as BRIC. However a recent article in the Toronto Star indicates that Mexico and other Latin American countries are… Read more »