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Governments Helping Ontario Agri-Food Products Reach New Markets
The governments of Canada and Ontario are investing up to $6 million through the Sustainable Canadian Agricultural Partnership (Sustainable CAP) to help eligible agri-food businesses and industry organizations expand into domestic and foreign markets.
The Grow Ontario Market Initiative is a new, cost-share initiative that will help food and beverage processors, farm businesses and agri-food sector organizations take actions to reach new markets. Examples of eligible projects could include market analysis and planning, product development activities and/or new market-entry promotional efforts to expand opportunities for Ontario food products. Read more about the funding here.
Renewable Energy Investment Tax Credit
Canada’s federal government outlined a six-year investment tax credit recently that puts a 30 per cent tax credit in place for solar, wind and energy storage projects deployed through March 2034. Read an article about the tax credit here.
Ontario Increasing Minimum Wage to $16.55 an Hour
The Ontario government is increasing the minimum wage to $16.55 an hour on October 1, 2023. This 6.8 per cent pay raise for low-income workers builds on the government’s steady and predictable increases every year to help families offset the rising cost of living. Read the provincial press release here.
Agri-food Energy Cost Savings Initiative - Applications open April 27, 2023
Applicants can receive up to 20 per cent cost share for eligible costs, to a maximum of $300,000, per business. Eligible businesses can apply for support through this initiative starting on April 27, 2023 until June 5, 2023. More information can be found here.
NGen Funding Programs: Advanced Manufacturing Projects
The Global Innovation Cluster for Advanced Manufacturing will co-invest $35 million of Federal funds along with industry contributions to launch $95M worth of new innovation projects across Canada. NGen will support collaborative, business-led projects that are aimed at de-risking, commercializing, and scaling-up innovative manufacturing capabilities in Canada. Read more about the Advanced Manufacturing funding here.
NGen's Future Ready program offers an affordable and high-value opportunity for any business leadership team to participate together in learning and assessment workshops that arm business owners with relevant information to develop strategic plans that help them adapt their business and workforce to succeed now and in the future.
NGen's Workforce Transformation Program is here to help business owners understand what they need to grow, develop custom roadmaps, and help execute their plans. Learn more here.
Experience Ontario 2023 Grant
This grant supports Ontario festivals and events occurring between April 2023 and March 2024, with grant funding up to 50 per cent of eligible costs to a maximum of $125,000 per applicant. Applications are due on Friday, April 28, 2023. Learn more here.
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