Mississauga, ON – The federal government has unveiled a $9-million program to help manufacturers in southern Ontario innovate, grow, create jobs and compete globally.
The government is providing funding to the Yves Landry Foundation (YLF) to continue delivering its Achieving Innovation and Manufacturing Excellence (AIME) Global initiative. The renewed initiative, which launched December 1, 2014, helps export-oriented manufacturers provide employee training to support the adaptation of new technology, new processes or procedures that increase productivity and competitiveness.
The goal of the initiative is to increase the skills and experience of the southern Ontario workforce, while increasing manufacturing export sales and strengthening the region’s export supply chains.
The investment is expected to create up to 1,100 new manufacturing jobs, maintain more than 1,000 and provide training for more than 6,900 workers. The project is also expected to leverage up to $16 million from southern Ontario manufacturers.
“Canada’s manufacturing industry is a cornerstone of our economy,” said James Moore, federal Industry Minister. “The partnership we are renewing with the Yves Landry Foundation delivers on our commitment to create jobs, growth and long-term prosperity for Canadians.”
Karyn Brearley, executive director of the Yves Landry Foundation, commented that this re-investment “supports southern Ontario manufacturers to undertake training or skills upgrading that will support innovation at the shop floor level, where it is needed most.”
Partnership with CME
In another federal government program in support of southern Ontario, Gary Goodyear, Minister of State (Federal Economic Development Agency of Southern Ontario), announced that FedDev Ontario is partnering with Canadian Manufacturers & Exporters (CME) to help southern Ontario’s manufacturers adopt advanced technologies, enhance productivity and expand global competitiveness.
At the Advanced Manufacturing Summit in November, co-hosted by McMaster University and CME, Goodyear discussed the importance of advanced manufacturing to Canada’s economy and announced up to $20 million for the CME to deliver a new program called SMART Advanced Technologies for Global Growth.
The CME program was launched on December 1, 2014, and will provide funding for southern Ontario manufacturers who are exporting, planning to export, or selling into a supply chain, to conduct technology assessments and adopt advanced technologies.
These types of technologies, such as robotics, 3D printing and automated materials handling, help to reduce manufacturers’ production costs and expand their production capabilities. This enables businesses to become more competitive and strengthens their ability to participate in global supply chains.
This investment is through the Government of Canada’s Investing in Business Growth and Productivity initiative, which is aimed at helping established businesses to expand their operations, invest in productivity improvements and compete globally.