Car makers drive Canadian manufacturing sales higher

20. Jan. 2016 News & Commentary   0 comments

Canadian manufacturing sales rose in November for the first time in four months, as car makers led a rebound in factory shipments. Factory sales rose 1 per cent on the month, after a drop of 1.3 per cent in October and 1.4 per cent in September, Statistics Canada reported Wednesday. Economists forecast November sales would …

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U of Waterloo expands startup program on campus with new lab

18. Jan. 2016 News & Commentary   0 comments

The University of Waterloo is expanding its internationally respected Velocity incubator with the opening of a new lab on campus and the addition of Velocity Start, a new space where any aspiring student entrepreneurs can develop their ideas. Velocity Science is tripling the size of its on-campus lab to more than 2,600 square feet, which …

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No “one size fits all approach” to scaling up businesses in Ontario

15. Jan. 2016 News & Commentary   0 comments

Toronto – A major contributor to Ontario’s prosperity gap is the small size of its firms. Aiming to close this gap, the Institute’s new Working Paper, A place to grow: Scaling up Ontario’s firms, assesses the factors that contribute to a business’s size. Given the diverse nature of Ontario’s business, the Working Paper found there …

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Ontario utility rolls out microgrid project using Tesla’s Powerwall

14. Jan. 2016 News & Commentary   0 comments

AJAX, Ont.—One of Ontario’s leading utilities is launching a project that will use residential solar coupled with Tesla’s new Powerwall energy storage unit to create two residential microgrids in Ajax, Ont. Veridian Connections, a utility that serves 119,000 Ontario customers east of Toronto, plans to launch the program in the second quarter of of 2016. …

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New $50M program aimed at helping small Canadian companies export

06. Jan. 2016 News & Commentary   0 comments

KITCHENER, Ont.—Canada’s federal government has launched a new program designed to help more small and medium-sized enterprises look beyond our borders. With just 2 per cent of SMEs currently selling their products or services abroad, CanExport will provide small businesses with as much as $100,000 toward export development costs. Read more at canadianmanufacturing.com.

Ontario Made: Rethinking Manufacturing in the 21st Century

10. Dec. 2015 News & Commentary   0 comments

Rethinking Manufacturing in the 21st Century This full report analyzes the economic factors behind the recent struggles of Ontario’s manufacturing sector, and offers recommendations as to what Ontario can do to cultivate this sector. Introduction Over the past decade, manufacturing in Ontario has been challenged by fundamental changes in the global economy. First, the rise …

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