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Announced as part of the 2023 Budget, the Ontario Made Manufacturing Investment Tax Credit was created to try and help Ontario manufacturers lower their costs and become more competitive.
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News reports last week said a group of buyers was seeking $24 million from the province to relaunch the company, but the economy minister said it would be irresponsible to invest more government funds.
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It’s here! Canada’s only national industry report on the advanced manufacturing sector. Brought to you by Plant and Canadian Manufacturing Online (CMO), this annual report reveals where Canadian manufacturers stand with respect to the kinds of creations, challenges and future developments they are focused on and plan to pay attention to throughout 2025 and beyond.
» Download report today
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Reportedly featuring NVIDIA-accelerated computing technology and independent Bell LTE connectivity, the new industrial automation controller tries to help manufacturers deploy intelligent automation systems.
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To support supply chain traceability and compliance, GreenCore has launched PATH+, a framework that includes upstream manufacturing and raw material partners.
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Supply chain diversification is vital to maintaining production without delays amid a trade war.
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Canadian manufacturers don’t know what to expect day to day, delaying capital investments as they call on the federal government for assistance in opening up new trade corridors, reducing interprovincial trade barriers, or changes to the reciprocal tariffs that will target the U.S.
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Research teams across Canada are now building mRNA to expand the potential of RNA vaccines beyond infectious diseases.
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The acquisition gets Capital Power a foothold in what's known as the Pennsylvania-New Jersey-Maryland Interconnection market, which it says is the largest and most attractive market in North America.
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According to AssetWatch, the funding will be used to expand the company's AI-powered platform capabilities, accelerate international market initiatives and strengthen its position in the industry.
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