Organization: Ministry of Economic Development and Trade

Cisco makes major R&D commitment to Ontario

Cisco Systems Inc will spend $455 million over the next five years in Ontario and has entered into a memorandum of understanding with the province that could lead to further R&D and sales of Cisco technology and/or services to the government. The investment decision was made after the Ministry of Economic Development and Trade provided…

Magna receives $48M grant for electric car development

Magna International Inc has committed to spend $430 million over five years on 19 R&D projects related to electric vehicle technologies with $48.4 million in support from the Ontario government through the Ministry of Economic Development and Trade. The grant ensures that the R&D will be undertaken in the province, creating an estimate 728 jobs…

Univ of Windsor to open centre for imaging research

The Ontario government is providing the Univ of Windsor with a $5-million grant to establish a new Institute for Diagnostic Imaging Research. The funding from the Ministry of Economic Development and Trade will be used to purchase equipment for the Institute, which will be led by physics professor Dr Roman Maev. The Institute hopes to…

TRRA receives $2.3 million in Industry Canada assistance

The Toronto Region Research Alliance (TRRA) has received $2.3 million over three years from Industry Canada. The funding will help TRRA in its role of aligning, mobilizing and exploiting the Greater Toronto region’s research capacity. TRRA is co-chaired by Dr John Evans, chair of Torstar, and the MaRS Discovery District and Gord Nixon, president and…

Ontario funds new youth S&T outreach program

The Ontario Liberal government has launched a Youth Science and Technology Outreach (YSTO) program with $3 million in funding over three years. YSTO will be managed by the Ministry of Economic Development and Trade with the objectives of connecting youth with researchers, engaging youth across the province, providing hands-on S&T experience and promoting S&T. Organizations…