Southern Ontario is a key engine of the Canadian economy, fueled by its world-leading strengths in sectors such as finance, manufacturing, automotive, aerospace, life sciences, technologies, and more. The region is critical to the country’s growth, as it represents over a third of Canada's growing population and generates nearly 40 percent of Canada's GDP.

“Across southern Ontario, businesses and entrepreneurs are working every day to generate jobs, foster innovation and deliver valuable solutions for Canadians. To help these businesses reach their full potential, the Government of Canada is providing crucial support to 10 companies, enabling them to grow, boost their competitiveness and explore new avenues for expansion. This investment will drive progress, create opportunities and contribute to a stronger, more resilient economy for all Canadians.” 
- The Honourable Ruby Sahota, Minister of Democratic Institutions and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario)

“Our local businesses play a key role in keeping our economy strong and creating good jobs for Canadians. Today’s investment will provide these companies with the support that they need to enhance their capabilities and meet the needs of diverse businesses in a variety of sectors.”
- Arielle Kayabaga, Parliamentary Secretary to the Minister of Small Business and Member of Parliament for London West 

“Southern Ontario is one of the most dynamic hubs in Canada. Today’s investment in these ten businesses will continue to foster the right environment for Canadian businesses to grow while also bringing new Canadian innovations to market.”
- Peter Fragiskatos, Parliamentary Secretary to the Minister of Housing, Infrastructure and Communities and Member of Parliament for London North Centre

“With the support from the Federal Economic Development Agency for Southern Ontario, Accumetal Manufacturing will be able to invest in the latest welding and fabricating technologies. This will help us to increase our competitiveness and grow our business.” 
- Robert Allen, President, Accumetal Manufacturing Inc. 

• Southern Ontario is home to over 480,000 businesses, which encompasses nearly 95 percent of all businesses in Ontario. 

• Incorporated in 2002, Stratford-based Accumetal Manufacturing Inc. manufactures fabricated off-road metal vehicle components such as ladders for mining trucks, battery boxes, rails for mines, etc.

• Incorporated in 1976,  ArcelorMittal Tailored Blanks Americas Limited is an automotive parts manufacturer with facilities in Woodstock and Concord. It is part of ArcelorMittal, the largest steel company in the world, with 260,000 employees in more than 60 countries.

• Family-owned and operated in Brampton since 1968, Brannon Steel designs and manufactures custom carbon steel parts for domestic and international original equipment manufacturer clients across industries such as construction, defence, energy, forestry and mining.

• Incorporated in 1985 in Markham, CES Transformers specializes in manufacturing high-efficiency distribution and power transformers for utility companies across Canada and the U.S.

• Incorporated in 2003, Bolton-based Metalworks Corporation is a fabricator of sheet metal products for the heating and ventilation sector for residential, commercial and industrial construction sectors. 

• Established in 1972 in Whitby, North American Steel Equipment Inc. manufactures industrial shelving and warehouse racking and storage systems serving multiple facilities across Canada.

• Incorporated in 1993 in Bolton, Quad Steel Inc. designs, fabricates and installs steel components. 

• Incorporated in 1983 in Collingwood, Sensor Technology Ltd. is a designer and manufacturer of underwater sensor technology specializing in industry segments such as security and defence, energy and maritime industries. 

• Incorporated in 1996 in Burlington, Tempel Canada Company, a Worthington Steel Company, is a global manufacturer of precision magnetic steel laminations for the rapidly growing electrical steel market, which includes transformers, generators, machine motors, and electric vehicle motors. 

• Incorporated in 1959 in Brampton, Tipco Inc. is a high-precision manufacturing company that manufactures high-quality precision tooling products for a wide range of industries. 

• Since 2015, the Government of Canada, through FedDev Ontario, has invested over $2.8 billion in more than 3,650 projects in southern Ontario, estimated to support over 275,000 jobs.

Associated links

• FedDev Ontario
• Accumetal Manufacturing Inc.
• ArcelorMittal Tailored Blanks Americas Limited
• Brannon Steel
• CES Transformers
• MetalWorks Corp.
• North American Steel Equipment
• Quad Steel
• Sensor Technology Ltd.
• Tempel Canada
• Tipco Inc.

Cindy Caturao
Press Secretary
Office of the Minister of Democratic Institutions and Minister responsible for the Federal Economic Development Agency for Southern Ontario
Cindy.Caturao@feddevontario.gc.ca

Media Relations
FedDev Ontario
media@feddevontario.gc.ca

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