Two companies in British Columbia’s steel and aluminum sector scale up and innovate, thanks to Government of Canada investment
“Our government supports the hard-working steel and aluminum workers and companies that are important to regional economies across Canada. Our investments to support small- and medium-sized producers and users of steel and aluminum will help these businesses innovate to drive productivity, scale up, and expand into new markets to create good middle-class jobs.”
- The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development
“The small and medium-sized businesses in our steel and aluminum industries are important contributors to the economic vitality of communities across the country. Small and medium-sized businesses are the backbone of our economy, and by investing in their success, we are investing in the success of all Canadians.”
- The Honourable Mary Ng, Minister of Small Business and Export Promotion
“Menzies Metal Products and Reliable Tube are part of the backbone of our local economy and have been providing good, middle-class jobs to local residents in Surrey and Langley for over 30 years. By investing in businesses that want to attain new levels of growth, our government is laying the foundation for continued economic prosperity and jobs in Canadian communities.
- John Aldag, Member of Parliament for Cloverdale – Langley City
“This funding will enable us to accelerate our growth plans, increase our presence in new markets and provide stable long-term employment for new and existing employees.”
- Matt Lewis, President, Menzies Metal Products
“After 30 years in business, Reliable Tube recognized we had a duty to our employees and customers to expand our capabilities in order to remain a strong and stable employer/supplier. By partnering with the Western Economic Diversification Canada, we are able to accelerate our growth plans and offer a progressive and forward thinking approach to steel processing for many years to come.”
- Mike Quinn, General Manager, Reliable Tube
Delivered by Regional Development Agencies, the Regional Economic Growth through Innovation (REGI) Steel and Aluminum Initiative provides SME steel and aluminum manufacturers and users with non-repayable contributions for projects to enhance productivity, increase competitiveness by adopting new innovative technologies, and create more highly-skilled jobs. In Western Canada, this funding is delivered through WD.
Regional Development Agencies are among Canada’s four flagship platforms supporting innovation, along with the Industrial Research Assistance Program, the Strategic Innovation Fund and the Canadian Trade Commissioner Service.
The REGI program builds on the objectives of the Innovation and Skills Plan by providing regionally tailored, nationally consistent support for business productivity and scale-up and by helping enhance regional technology clusters and innovation ecosystems.
In 2018, Canada’s steel and aluminum industry employed more than 33,500 Canadians and contributed $8.9 billion to Canada’s gross domestic product.
Regional Communications Manager
Western Economic Diversification Canada
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