FedDev Ontario invests nearly $6.6 million in 10 organizations to modernize operations, strengthen competitiveness and expand products and services
Eastern Ontario is a vital economic engine connecting the major markets of Toronto, Ottawa, and Montréal. It generates billions in GDP and supports hundreds of thousands of jobs through advanced manufacturing, agriculture, and tourism sector anchored by the St. Lawrence River and the Thousand Islands. The Government of Canada is investing in projects that will support innovation, strengthen competitiveness and create new opportunities for growth and development.
Today, Emma Harrison, Member of Parliament for Peterborough, on behalf of the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced an investment of nearly $6.6 million for 10 Eastern Ontario organizations.
The investments will help recipients adopt new technologies, increase production, strengthen supply chains and diversify into new markets. A complete list of recipients and project details is available in the backgrounder.
As part of this announcement, Kawartha Metals Corp., a large supplier of steel, aluminum, brass, and plastic materials in Central and Eastern Ontario, is undertaking a $1 million project, with FedDev Ontario providing $500,000 to expand its advanced steel processing through the integration of specialized equipment.
The Government of Canada is committed to supporting Canadian businesses and strengthening competitiveness, economic resilience and long-term prosperity across the country.
