Backgrounder: Government of Canada invests over $8 million to help Surrey businesses boost productivity and reach new markets

Today, the Honourable Randeep Sarai, Secretary of State (International Development) and Member of Parliament for Surrey Centre, on behalf of the Honourable Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada (PacifiCan) announced a Regional Tariff Response Initiative investment of more than $8 million for four businesses in Surrey. These investments will help tariff-impacted businesses boost productivity, cut costs, build more resilient supply chains, and reach new markets. 

The investments announced today are:

AI Industries - $1,000,000

AI Industries is one of the largest commercial structural steel fabricators in B.C. and produces steel components for construction projects across North America, including the Surrey Civic Centre. PacifiCan’s investment will help AI Industries increase production capacity and efficiency by installing advanced automated fabrication and welding equipment, enabling the company to expand into new markets, strengthen supply chains, and create good jobs.

MTC Solutions – $630,250

MTC Solutions is an engineering company that designs and supplies the connection systems used in mass timber construction projects across North America. The investment will help MTC establish an advanced research and manufacturing facility, including acquiring new testing and machining equipment to develop Canadian-made mass timber hardware. This project will support skilled jobs in B.C., strengthen domestic supply chains, and grow Canada’s mass timber industry.

Nanak Foods - $5,500,000

Nanak Foods specializes in the manufacturing of paneer cheese, ghee (clarified butter), yogurt and various dairy-based appetizers and desserts and is North America’s largest supplier of South Asian dairy-based foods. The investment will help Nanak Foods automate its production lines and warehouse operations to increase capacity, strengthen domestic food production, and expand into new international markets.

PowerHouse Building Solutions - $925,000

PowerHouse is a distributor of building materials, specializing in energy-efficient insulation products. The investment will help the company improve productivity and competitiveness by automating warehouse operations, diversifying its supply chain, and preparing for expansion into the United Kingdom. This investment will help a B.C. company grow in the energy-efficient construction sector.

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• News release: Government of Canada invests over $8 million to help Surrey businesses boost productivity and reach new markets