Ten businesses across southern Ontario receive Government of Canada support to foster growth and develop new products
Backgrounder
March 3, 2025
Today, the Honourable Ruby Sahota, Minister of Democratic Institutions and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) announced a combined investment of over $24 million to support the growth of 10 southern Ontario businesses.
| Recipient Name | Project | Funding Amount |
|---|---|---|
Stratford manufacturer to scale production of its fabricated metal components for off-road equipment manufacturing industries, including rail, defence, mining and recycling. |
$1,557,430 |
|
Concord and Woodstock manufacturer to adopt cutting-edge equipment at a new facility in Ingersoll to service growing demands for its lightweight laser-welded blanks in the automotive and EV market. |
$4,900,000 |
|
Brampton manufacturer to enhance its capabilities to manufacture carbon steel parts for the construction, defence, energy, forestry and mining industries. |
$1,100,000 |
|
Markham company to expand its manufacturing capabilities for its high-efficiency oil filled distribution and power transformers and increase productivity. |
$3,750,000 |
|
Bolton sheet metal fabricator to design and manufacture new equipment and commercialize energy efficient heating and ventilation products for the housing sector. |
$2,500,000 |
|
Whitby manufacturer of industrial warehouse racking and storage systems for retail, food and logistic sectors to augment its manufacturing capabilities and improve productivity. |
$3,500,000 |
|
Bolton company to enhance its manufacturing capabilities with the addition of new cutting-edge robotic fabrication and welding technologies. |
$900,000 |
|
Collingwood tech company serving to increase design and manufacturing capacity of its underwater communications sensors as well as commercialize new products to attract global customers in the security, defence, energy and maritime industries. |
$2,500,000 |
|
Burlington manufacturer to expand manufacturing capabilities to support the growing demand for utility and industrial transformers. |
$3,500,000 |
|
Brampton manufacturer to add new CNC 5-axis shape grinding machinery to manufacture ultra high-precision tooling products for the automotive, appliance, medical, pharmaceutical sectors and more. |
$400,000 |
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News Release: Government of Canada invests in 10 businesses to help them grow
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