FedDev Ontario investment supports 10 businesses to modernize operations and unlock new opportunities for growth
The Greater Toronto Area is a leading centre for innovation, uniting world-class talent and cutting-edge capabilities to fuel Canada's economic growth and global competitiveness. As global markets evolve and competitive pressures increase, the Government of Canada remains committed to investing in Greater Toronto area businesses-helping them adapt, compete, and grow by strengthening productivity, supporting innovation, and creating good, sustainable jobs.
Today, the Honourable John Zerucelli, Secretary of State (Labour) and Member of Parliament for Etobicoke North, 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), visited Spacefile, an Etobicoke-based manufacturer of high-density storage products and solutions. While there, he announced an investment of nearly $9 million to support 10 businesses affected by trade disruptions, including A.U.G. Signals, Acorn Biolabs, Candor Industries, ChargeLab, Etobicoke Ironworks, MTech, Somerville Merchandising, Spacefile, Trinity Tech, and V.C. Ultimate.
