The province will spend $17 million on small businesses in the auto supply chain amid a “storm of tariffs and economic uncertainty,” economic development minister Victor Fedeli said in a press release. (The Logic)
The province will spend $17 million on small businesses in the auto supply chain amid a “storm of tariffs and economic uncertainty,” economic development minister Victor Fedeli said in a press release. (The Logic)
The province will spend $17 million on small businesses in the auto supply chain amid a “storm of tariffs and economic uncertainty,” economic development minister Victor Fedeli said in a press release. (The Logic)
Talking point: Friday’s investment is part of an R&D partnership fund that co-invests alongside small businesses to commercialize vehicle technologies. Private sector firms will invest about $39 million in the projects. Canada’s manufacturing sector saw its worst month in nearly five years in April as tariffs weighed on production and new orders, prompting the province to roll out support to spur investment. The recipients include startups in the Toronto area as well as cities like Hamilton, Kingston, Kitchener, Waterloo, Beamsville, Cobourg, Sarnia and North Bay. They will launch a wide range of products, from helping Uber with data platforms to working with Toyota Tsusho on EV charging.
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