Government of Canada supports the growth of three York region companies

From: Federal Economic Development Agency for Southern Ontario

News release

FedDev Ontario investment of over $3.1 million will help local companies to scale operations, adopt advanced technologies, and strengthen local supply chains

December 18, 2025 - Vaughan, Ontario

York Region is a vital driver of the local economy, serving as Ontario’s third-largest business hub with over 56,000 businesses, fostering innovation through its diverse entrepreneurial community. By supporting the growth of homegrown companies, the Government of Canada is helping regions, like York, stay competitive and build Canada strong.

Today, the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), alongside the Honourable Ali Ehsassi, Parliamentary Secretary to the President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy (Canada-U.S. Trade) and Member of Parliament for Willowdale, announced over $3.1 million to support the growth and resiliency of three York Region companies: Sky Acoustics Inc., Letar Inc. and Petra Hygienic Systems International Ltd. (Petra) as they scale operations and boost competitiveness through the adoption of advanced technologies.

Vaughan-based Sky Acoustics Inc. is receiving up to $1 million to accelerate growth through the adoption of new automated equipment and more sustainable production practices. Through this project, the company will bring more production activity to the region, which will improve its responsiveness to domestic and international clients.

Concord-based aerospace precision machining and assembly company Letar Inc. is receiving $1.5 million to expand its capacity for complex aerospace and defence components through the adoption of advanced machining equipment. This will enhance the company’s competitiveness, enabling it to meet growing demand from OEM customers and drive more efficient use of materials through modernized manufacturing processes.

Concord-based Petra is receiving $625,000 to implement its fully automated production system, powered by its AI-driven engine. The project will establish flexible, high-speed autonomous production lines for its personal care and cosmetic products. With this investment, the company will expand Petra’s production capabilities, create jobs, strengthen regional supply chains, and accelerate the commercialization of innovative Canadian-made manufacturing.

The Government of Canada remains committed to supporting local innovators and businesses as they expand, adopt new technologies, and create good jobs in communities across southern Ontario.

Quotes

“Our local businesses are driving innovation and strengthening communities across southern Ontario to build Canada strong. Today’s investments in Sky Acoustics Inc. Letar Inc. and Petra, will help these homegrown companies scale up, stay competitive, and build a strong economic future for the region.”

- The Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario

“York Region is home to some of southern Ontario’s most innovative businesses, like Letar Inc., Petra and Sky Acoustics Inc., that are driving growth and creating good jobs. By investing in advanced technologies and automation, we are helping local businesses stay resilient as they build a stronger Canadian economy.”

- The Honourable Ali Ehsassi, Parliamentary Secretary to the President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy (Canada-U.S. Trade) and Member of Parliament for Willowdale

“This FedDev Ontario investment will enhance the company’s manufacturing capabilities, reduce lead times, and strengthen its capacity for sustained growth in the North American market, while supporting further expansion into global markets that demand high-performance acoustical solutions. These investments will expand Sky Acoustics’ ability to deliver complex designs and highly customized acoustical projects with greater efficiency and shorter lead times.”

- Dilip Sinha, President and Chief Executive Officer, Sky Acoustics

“With FedDev Ontario’s support, we are advancing our growth plan by investing in new equipment and upskilling our team - building stronger domestic aerospace capabilities and a more resilient Canadian supply chain.”

- Arrman Jain, Managing Director, Letar Inc.

“FedDev Ontario’s investment enables Petra to accelerate the development of fully autonomous production lines, integrating robotics, AI, and advanced automation to dramatically increase throughput, consistency, and manufacturing flexibility. This support positions Petra to scale next-generation manufacturing capabilities in Canada, strengthen its global competitiveness, and deliver higher-quality products more efficiently to customers.”

- Vince Alton, Chief Operating Officer, Petra Hygienic Systems International Ltd.

Quick facts

York Region is a leading tech and manufacturing centre that fuels regional resilience by attracting investment, fostering innovation, and delivering essential infrastructure and business support—making it a key engine for southern Ontario’s growth and prosperity.
Sky Acoustics Inc., founded in 2013, designs and manufactures custom soundproofing and acoustic systems for offices, schools, hospitals, airports and entertainment spaces, offering innovative solutions tailored to modern architectural and design needs.
Incorporated in 2000, Letar Inc. is a Tier-1 aerospace manufacturing company specializing in the production of complex, high-precision components serving the aerospace and defence sectors, as well as advanced communications and medical innovation platforms.
Petra Hygienic Systems International Ltd. was founded in 1989 and has evolved into a turnkey manufacturer of cosmetics, personal-care, pet and other products with over 4,000 customers across North America. Petra’s manufacturing division has been an early adopter of robotics, advanced automation and AI to support its customers and its growth.
Since 2015, the Government of Canada, through FedDev Ontario, has invested over $475 million in nearly 520 projects in the manufacturing sector, creating and maintaining over 31,000 jobs.
Since 2015, the Government of Canada, through FedDev Ontario, has invested over $145 million in over 250 projects in the York Region, estimated to support over 4,700 jobs.

Associated links

Contacts

Sofia Ouslis
Press Secretary
Office of the Minister of Artificial Intelligence, Digital Innovation and the Federal Economic Development Agency for Southern Ontario
sofia.ouslis@ised-isde.gc.ca

FedDev Ontario Media Relations
media@feddevontario.gc.ca

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2025-12-18