Press Release Department: Federal - Federal Economic Development Agency for Southern Ontario

Deputy House Leader of the Government Arielle Kayabaga (London West, Ont.) visited Hydra Dyne Technology Inc., a manufacturer of hydraulic components for the defence, aerospace and automotive sectors, in Ingersoll, Ont. While there, she announced a combined repayable investment of over $5 million for three southwestern Ontario manufacturers: Hydra Dyne Technology Inc., Future Transfer Co. Inc., and Melnik Resources to help scale … Read more

Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario Evan Solomon (Toronto Centre, Ont.) announced a combined investment of $6.7 million for two organizations, City of Toronto and Coralus, to strengthen main streets businesses, support local economic development, and drive resilient, sustainable economic growth in … Read more

Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario Evan Solomon (Toronto Centre, Ont.) outlined nearly $186 million in new funding from Budget 2025 to fully implement the Buy Canadian Policy. The full release is available online. Contact sofia.ouslis@ised-isde.gc.ca.

Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario Evan Solomon (Toronto Centre, Ont.) announced that funding for eligible southern Ontario organizations is now available through the Black Entrepreneurship Program (BEP) Ecosystem Fund. The full release is available online. Contact sofia.ouslis@ised-isde.gc.ca.

Liberal MP Judy Sgro (Humber River-Black Creek, Ont.) visited Tailored Genes to celebrate the grand opening of its new 5,145-square-foot viral vector manufacturing facility in Concord, Ont. While there, Sgro announced an investment of more than $1-million, through FedDev Ontario, towards advanced equipment to enhance the testing and development of gene and cell therapy methods at the new facility, with … Read more

Parliamentary Secretary to the Minister of Immigration, Refugees and Citizenship Peter Fragiskatos (London Centre, Ont.) visited TechAlliance of Southwestern Ontario (TechAlliance) in London, Ont., to announce an investment of $3.5 million to launch Polaris. Led by TechAlliance, Polaris will assist high-potential firms in developing cutting-edge technological solutions across a variety of sectors, including artificial intelligence, cybersecurity, … Read more

Liberal MP Viviane Lapointe (Sudbury, Ont.) announced that FedNor is investing $595,400 to support three technology and AI driven initiatives: A repayable investment of $500,000 will support CircuitIQ complete the late-stage development and commercialization of its Live Powerline Mapping Tool  Waive is receiving a repayable contribution of $67,200 to help develop and commercialize an AI-driven automated form-filling … Read more

Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario Evan Solomon (Toronto Centre, Ont.) announced an investment of $6 million for Northern Transformer Corporation, a leading manufacturer of high-voltage power transformers, as the company breaks ground for a new state-of-the-art Large Power Transformer (LPT) facility in … Read more

Liberal MP Judy Sgro (Humber River-Black Creek, Ont.) visited the Black Creek Community Health Centre (BCCHC) to announce an investment of $2.4 million to expand and enhance the Black Entrepreneurship Alliance (BEA) initiative. Through this new investment, BEA will offer a range of new programs, including an 11-week Business Process Improvement training program, a 12-week program aimed at helping businesses become export-ready, and … Read more

Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario Evan Solomon (Toronto Centre, Ont.) announced that the Regional Tariff Response Initiative (RTRI) is open in southern Ontario. FedDev Ontario will deliver nearly $160 million in southern Ontario, with targeted support available for businesses in the steel and automotive … Read more