🇨🇦 Welcome to Canada’s most connected news site on Economic Development. Success stories and attraction investment information on the great nation of #Canada
Oakville, Ontario
Joined May 2016
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Socomec Canada has opened its new 148,000 sq. ft. facility in #Brampton, Ontario creating 170 jobs & strengthening Canada’s growing advanced manufacturing sector. 🇨🇦
Full story here👇
perspective.ca/socomec-opens… 👈🏽 #ontario #innovation
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Mississauga continues to attract investment from across Canada and around the world.
In 2025 alone:
• 1,304 jobs from U.S. investment
• 323 from Germany-based businesses
• 299 from Japan-based businesses
➡️ Read our new strategy: investmississauga.ca/wp-cont…
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NEW: Our government is investing $5 million through the Life Sciences Innovation Fund to help 10 innovative companies bring made-in-Ontario medical technologies from lab to market.
From AI-enabled diagnostics to next-generation drug discoveries, today’s recipients reflect the talent, excellence, and entrepreneurial drive that keep Ontario’s life sciences sector at the forefront of global innovation.
🔗: news.ontario.ca/en/release/1…
@MichelleC_PC
@OCInnovation
Toronto is quickly becoming a global powerhouse for AI innovation. With major investments, world-class talent, and a thriving tech ecosystem, companies are choosing Toronto to build, scale, and lead.
Why now and why Toronto?
Read more: perspective.ca/toronto-ai-bo…👈🏽👆🏽
#AI #Toronto
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Over the past year, Canada has emerged as a premier destination for international business ventures, leading the G7 with $97 billion in direct foreign investment.
ow.ly/z3is50YVaEh
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Want to work close to real companies, real investors, and real cross-border opportunities - inside government? 👀
@ONgov is hiring in #SanFrancisco. 🍁🌉
📌 Commercial Officer
📌 Commercial Assistant
Apply by May 10.
🔗 lnkd.in/gixyvv-J
🔗 lnkd.in/gAqCwrKd
🤖 Made with AI
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Great to reconnect with Minister @EvanLSolomon on the show floor at CHIPS North!
From AI to semiconductors, we will continue supporting our leading industries so that the technologies shaping the future are developed and scaled, right here, at home. 🇨🇦
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IDEA Mississauga helps founders turn ideas into thriving businesses. Through programs like EmpowHER Tech Launchpad, Step-Up and Summer Company, entrepreneurs gain access to mentorship, funding pathways, and more.
➡️ Explore programs and supports: lnkd.in/dNCZwqp7
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Congratulations to Colt Canada, a leading Kitchener-based defence manufacturer, on securing a $307 million contract to supply rifles to the Canadian Armed Forces.
This investment will see their local employee base grow to 200 workers and further position Ontario to deliver the defence capabilities Canada and our allies rely on.
nationalpost.com/news/politi…
FedDev Ontario is investing $2 million in Foodpreneur Lab to supercharge up to 75 Black and equity-deserving entrepreneurs in the food & beverage sector across southern Ontario.
Read more:👉🏽 perspective.ca/government-of… 👈🏽
#CanadianEconomy #Ontario @FedDevOntario
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Today, for the first anniversary of Canada’s Africa Strategy, I met with parliamentarians, leaders, partners, and members of the African diaspora. From increased trade and investment to stronger people-to-people ties, Canada will continue to work with partners across the continent to deliver long-term stability and shared economic growth.
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Canada and Norway are building closer ties as Arctic partners.
Good to sit down today with Norway’s Minister of Higher Education and Research, @sigrunaa
We talked about how we can work together on innovation, Arctic research, and responsible AI — and where we can go further, together.
🇨🇦🇳🇴
Le Canada et la Norvège renforcent leurs liens en tant que partenaires dans l'Arctique.
Ce fut un plaisir de m'entretenir aujourd'hui avec Sigrun Aasland, ministre norvégienne de l'Enseignement supérieur et de la Recherche.
Nous avons discuté de la manière dont nous pouvons collaborer dans les domaines de l'innovation, de la recherche arctique et de l'IA responsable, ainsi que des domaines dans lesquels nous pouvons aller plus loin, ensemble.
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Sorsys Technologies, a manufacturer of inspection and automation systems for advanced manufacturing, is investing $1.2 million to expand operations in Brampton.
Supported by our government’s Ontario Together Trade Fund, this project will strengthen our province’s advanced manufacturing capabilities and reinforce our leadership in AI-driven solutions.
Supporting local innovation and protecting jobs right here in #BramptonEast.
Our government is investing $321,300 in
@SorsysT alongside a $1.2M private investment to support Al driven product quality control and strengthen our local supply chain.
This project will support 19 jobs and reinforce Brampton's role as a growing hub for advanced manufacturing and technology.
🔗: hardeepgrewalmpp.ca/ontario-…
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Kepler is proud to announce that our ten 300-kg class satellites, equipped with high-capacity SDA-compatible optical terminals and multi-GPU on-orbit compute modules, are now officially deployed in orbit.
Full Press Release Here: kepler.space/kepler-successf…
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@ruffoloj watched a @SpaceX Falcon 9 launch from the front row this week!
The payload? Kepler Communications Inc. satellites — a Canadian company building data centers in the sky.
We're talking orbital compute, real-time processing, and laser-linked networks connecting satellites like a mesh in space. This isn't science fiction. It's happening now. And Canada is at the center of it.
We also discussed this and more on this week's Tank Talks Rundown, including:
✅ @JRikhtegar report on Canadian Venture Capital - how 2025 was our worst VC fundraising year since 2016 and what this means for the ecosystem
✅ Why "capital is fungible" is a comforting myth at the seed stage
✅ The barbell effect crushing mid-sized VC firms
✅ Nvidia's $20B @GroqInc deal and what it means for Canadian returns
✅ Trump's DOJ pressure on Jerome Powell and what political uncertainty does to markets
This episode offers a crucial reality check, inspired by the latest in space tech.
Watch and listen now [link below] 🎙️
#TankTalks #KeplerCommunications #CanadianVC #SpaceTech
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AtomVie recently announced plans to invest $138 million into a new state-of-the-art facility that would increase its capacity by at least 10-fold to manufacture radiopharmaceuticals for targeted cancer therapies.
Learn more: bit.ly/4bDuyTF
Federal support of $15M+ is helping manufacturers across the GTHA grow, innovate, and compete globally creating jobs and building long-term economic resilience. Story here ⬇️➡️perspective.ca/feddev-ontari… ⬅️⬆️ #Manufacturing #Innovation #Ontario #Canada #Technology @MarkJCarney
ALT Evan Solomon, Minister of Artificial Intelligence & Digital Innovation visits Celplast Metallized products in Scarborough, Ontario - Canada.
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I’m headed to Beijing.
China is our second-largest trading partner, and the world’s second largest economy. A pragmatic and constructive relationship between our nations will create greater stability, security, and prosperity on both sides of the Pacific.
ALT Prime Minister Carney waves as he boards a plane.
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Today, we announced over $15M in #GC support for eight Greater Toronto and Hamilton Area companies to strengthen their competitiveness and local supply chains.
News Release: ow.ly/7ggg50XWpVZ
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🚨 New pay transparency rules for certain employers are now in effect!
As of January 1, 2026, publicly advertised job postings in Ontario must include information about the expected compensation or compensation range.
Learn more: news.ontario.ca/en/release/1…
ALT A graphic depicting the new compensation information requirement for job postings