Government of Canada supports growth of local businesses in southern Ontario
News release
Federal government investment to enhance programming available for southern Ontario businesses
November 22, 2024 - Vaughan, Ontario
Businesses, entrepreneurs and organizations in southern Ontario are working every day to create jobs and opportunities for Canadians. That is why the Government of Canada is providing support and services to these companies so that they can reach their potential, increase their competitiveness and unlock new possibilities for growth.
Yesterday, the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a $375,000 investment for the Italian Chamber of Commerce of Ontario (ICCO) to deliver the CAMERA program to foster business development and growth, as well as support foreign direct investment opportunities in Canada.
Through the CAMERA program, the ICCO will assist over 30 businesses at various stages of entry and expansion, offering programming related to business planning, networking and product testing for the Canadian market. The CAMERA program will support entrepreneurs as they scale-up, grow their ideas, and set down roots for long-term economic growth in Canada.
The Government of Canada is supporting organizations, businesses and entrepreneurs across southern Ontario that are developing new products and solutions to enhance the Canadian economy for generations to come.
Quotes
“Southern Ontario is home to countless community leaders and institutions that are working every day to grow our economy. We are pleased to support businesses and organizations, like the Italian Chamber of Commerce of Ontario, that are contributing to southern Ontario’s growth, and will help actualize the region’s potential and the possibilities that lie ahead.”
- The Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario
"Today's investment is great news for southern Ontario. Together, alongside the Italian Chamber of Commerce of Ontario, we are empowering over 30 growing businesses for a more prosperous, competitive and innovative future.”
- Francesco Sorbara, Member of Parliament for Vaughan–Woodbridge
“Our businesses play a key role in keeping our economy strong and creating good jobs for Canadians. Today’s investment in the new CAMERA program, delivered by the Italian Chamber of Commerce of Ontario, will provide entrepreneurs and businesses with the support that they need to set themselves up for success.”
- The Honourable Marco Mendicino, Member of Parliament for Eglinton–Lawrence
"We thank FedDev Ontario for this support that is crucial in driving investments and helping new Italian companies enter the local market through CAMERA. This announcement marks an important step forward for the CAMERA program, a platform where the Italian business community can converge, fostering knowledge exchange, networking, and practical guidance. CAMERA will empower companies to tackle challenges and seize opportunities with confidence.”
- Tony Altomare and Pat Pelliccione, Co-Presidents, Italian Chamber of Commerce of Ontario
Quick facts
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Incorporated in 1973, the Camera Di Commercio Italiana dell'Ontario / Italian Chamber of Commerce of Ontario is a not-for-profit organization located in Toronto and is one of three Italian chambers of commerce in Canada.
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The organization is a founding member of the Greater Toronto Business Alliance and a co-founding member of the European Union Chamber of Commerce in Canada.
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FedDev Ontario is also accepting applications for eligible small- and medium-sized businesses, and the organizations that support them, for projects that support business growth, artificial intelligence and homebuilding innovation. The application deadline is December 20th. For more information and to apply, visit the FedDev Ontario website.
Associated links
Contacts
Edward Hutchinson
Press Secretary
Office of the Minister responsible for the Federal Economic Development Agency for Southern Ontario
Edward.Hutchinson@feddevontario.gc.ca
FedDev Ontario Media Relations
media@feddevontario.gc.ca
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