Cassel Brewery Receives Funding Through EODP for Expansion

Cassel Brewery, located east of Ottawa, has been awarded funding through the Eastern Ontario Development Program (EODP) and the Prescott-Russell Community Development Corporation (PRCDC) in the amount of $55,000. Cassel Brewery is a recently started microbrewery by Mario Bourgeois and wife Mylene that produces both Stout and IPA beer. The brewery plans to use the […]

The High Cost of Ontario Power Rates for Manufacturers Can Be Offset by Government Programs

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 double in comparison to rates in Manitoba, Quebec and rates in Michigan, USA. This has been a major […]

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 imports to $40.4 billion.  Exports to the United States were responsible for three-quarters of the […]

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 offered assistance over three years to  low-skilled Canadians or those who were not eligible for […]

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 of the sections, and received a grade of “A” in the Education and Skills section. […]

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 skilled trades. Extension of a $1 billion tax break for manufacturers to encourage them to […]

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 might think there would be plenty of funding to go around. However, this is not […]

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 the R&D needs of the company. On top of acquiring a highly educated graduate student […]

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