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750,000 investment in Mississauga telecommunications manufacturer

FedDev Ontario contributes $750,000 to Mississauga company

Maker of ethernet equipment to nearly double its workforce and compete globally

March 3, 2017 – Mississauga, Ontario – Federal Economic Development Agency for Southern Ontario (FedDev Ontario)

Canadians working for a Mississauga-based manufacturer of telecommunications products will develop faster, more secure ethernet switches and other network equipment as a result of a $750,000 investment from the Government of Canada.

This investment in iS5 Communications Inc. is expected to create up to 12 skilled jobs – nearly doubling its workforce and allowing the company to develop new products that can be sold globally.

FedDev Ontario’s funding, through the Investing in Business Innovation initiative, was announced today by the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, Minister responsible for FedDev Ontario and Member of Parliament for Mississauga–Malton.

iS5 Communications provides mission-critical industrial ethernet products to industries, such as the utilities, defence and transportation sectors. The company produces network equipment that is resistant to extreme temperatures, signal interference and cyber attacks. The resilience of these products allows information and data to be transmitted faster and more securely. iS5 Communications Inc. to be the first of its kind to release a unique cyber security platform and technology to operate reliably in temperatures ranging from -40C to +85C without being affected by frequency interference from other sources.

The Government’s Innovation Agenda aims to make Canada a global centre for innovation – one that drives economic growth by creating better jobs, opportunities and living standards for all Canadians. This investment is an example of that vision in action.

Quotes
“Where innovation happens matters because that’s where the best jobs are located. When companies such as iS5 Communications innovate, they create well-paying, middle-class jobs. And those jobs spin off into more good jobs in every community where innovation happens. That’s how innovation leads to a better Canada.”

– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Federal Economic Development Agency for Southern Ontario
“I am very appreciative of our federal government’s support of Canadian technology companies, which is helping us to thrive and grow as a company. The repayable contribution received from FedDev Ontario will help iS5 Communications Inc. to commercialize our products, including our latest innovation, “Raptor,” and optimize our supply chain to improve our competitiveness in the global market.”

– Clive Dias, President and Chief Executive Officer, iS5 Communications Inc.
Quick Facts
iS5 Communications Inc., founded in 2012, provides telecommunications solutions for the utility, industrial, transportation, defence and surveillance industries to markets all over the world.

FedDev Ontario’s repayable contribution of up to $750,000 will attract an addition $1.5 million from accredited members registered with the Canadian Venture Capital Association and the York Angel Investors.

As a result of increased sales and the development of new products, the company will be increasing the number of Ontario based suppliers by 30 percent.

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Investing in Business Innovation initiative
iS5 Communications Inc.

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Navdeep Bains750,000 investment in Mississauga telecommunications manufacturer

$2.5 million for Mississauga community infrastructure

The Honourable Navdeep Bains announces significant funding for community infrastructure upgrades in Mississauga

March 3, 2017 – Mississauga, ON – Federal Economic Development Agency for Southern Ontario (FedDev Ontario)

Children and families in Mississauga will now benefit from safer, more accessible playgrounds and facilities, to play, to meet, explore nature and come together as a community.

The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, Minister responsible for FedDev Ontario and MP Mississauga-Malton, was at the South Common Community Centre today to announce that the City of Mississauga will receive up to $2.5 million and the Credit Valley Conservation Foundation will receive up to $39,492 under the Canada 150 Community Infrastructure Program (CIP 150).

These 29 projects are part of over 350 CIP 150 projects approved in southern Ontario under the program’s second intake. For more details, please see the backgrounder.

With the addition of $44.4 million in supplementary funding announced in Budget 2016, the total CIP 150 allocation for southern Ontario, being delivered by FedDev Ontario, is up to $88.8 million. Over 730 projects have been approved under both intakes.

These projects will allow Canadians to enjoy upgraded community facilities such as parks, trails, cultural and community centres. They will also help to create a lasting legacy as Canada prepares to celebrate the 150th anniversary of Confederation in 2017.

 

Quotes

“The Canada 150 Community Infrastructure Program will preserve and improve our community infrastructure, so that all Canadians and their families can enjoy moments of culture, sport, recreation and leisure for years to come. I am proud to see my community of Mississauga benefit from this program.”
– The Honourable Navdeep Bains, Member of Parliament Mississauga-Malton, Minister of Innovation Science and Economic Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario

“On behalf of the City of Mississauga and Council, I want to thank the Government of Canada for investing in our municipality’s promising future. The Canada 150 Community Infrastructure Program helps cities rebuild and improve local playgrounds, trails and public services. These investments enhance the quality of life for families, seniors and all residents. The funding also offers an opportunity for Mississauga to complete projects of historical significance, recognizing Canadian heritage, during the celebrated occasion of Canada 150.”
– Her Worship,  Bonnie Crombie, Mayor of the City of Mississauga

“The CIP 150 funding is enabling Credit Valley Conservation to significantly improve the visitor experience at our conservation areas. These areas provide opportunities for Canadians to come together to explore, learn, enjoy and appreciate Canada’s incredible natural environment.”
–Jeff Payne,  Director of Corporate Services, Credit Valley Conservation Foundation

“Our government’s commitment to improving the parks and playgrounds will bring families and our community together during our nation’s 150th anniversary and beyond.”
– Sven Spengemann, Member of Parliament for Mississauga Lakeshore

“The Canada 150 Community Infrastructure Program is ensuring residents here in Mississauga–Streetsville, Meadowvale and Lisgar have access to improved community spaces. I am pleased to announce that this has contributed to the Expansion of Trail at Osprey Marsh.”
– Gagan Sikand, Member of Parliament for Mississauga – Streetsville

“With the Canada 150 Community Infrastructure Fund (CIP 150), the residents of Mississauga East−Cooksville will see a real significant improvement to our community spaces at Allison’s Park, Brentwood Park, Burnhamdale Park, Syed Jalluddin Park and Cherry Hill Park. Through investments in our communities, we are demonstrating our commitment to create and support sustainable growth, economic opportunity, and prosperity in Canada.”
– Peter Fonseca, Member of  Parliament for Mississauga East-Cooksville

“With the Canada 150 community infrastructure program, our City of Mississauga will be able to undertake much needed revitalization of our beautiful trails and community centres. These public spaces not only provide space for our city to connect but also have a hand in its economic development. I am especially proud of the projects taking place in Mississauga−Erin Mills such as the revitalization of the South Common Community Centre.”
– Iqra Khalid, Member of Parliament for Mississauga-Erin Mills

“I’m proud to see the federal government partner with my city to improve our local community for the benefit of residents of Mississauga.”
– Omar Alghabra, Member of Parliament for Mississauga Centre

Quick Facts

  • Funding for the City of Mississauga will support projects that include making playgrounds accessible through the installation of suitable swings and wheelchair transfers to play structures. Trails will be repaired and improved and the South Common Community Centre’s customer service desk will be modernized to include safety and accessibility features.
  • The Credit Valley Conservation Foundation will replace 150 metres of boardwalk in the Rattray March Conservation Area, enhancing visitors’ enjoyment of the Lake Ontario Waterfront Trail.
  • FedDev Ontario received more than 1,000 applications under Intake Two of the Canada 150 Community Infrastructure Program.
  • Over the coming weeks, local announcements for other projects approved through intake two of the Canada 150 Community Infrastructure Program in southern Ontario will be taking place.
  • The Canada 150 Community Infrastructure Program is a $300-million national program, which is being delivered by regional development agencies across the country.
  • Projects were selected based on eligibility requirements and selection criteria as outlined in the program guidelines including: project readiness; project scope; funding leveraged from other sources; and the extent to which projects supported a clean growth economy.

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Navdeep Bains$2.5 million for Mississauga community infrastructure

$32.4 million investment in Brampton public transit infrastructure

Governments of Canada and Ontario invest in public transit in Brampton

29 new projects across Ontario to benefit from the Public Transit Infrastructure Fund

Brampton, Ontario, February 10, 2017

The governments of Canada and Ontario are making investments to create jobs and grow the middle class, while building a foundation for a strong, sustainable economic future. Investing in public infrastructure supports efficient and affordable transit services that help Canadians to safely get to and from work, school and other activities on time.

Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, on behalf of the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, the Honourable Steven Del Duca, Ontario Minister of Transportation and her Worship Linda Jeffrey, Mayor of Brampton, announced six newly approved projects that will benefit Brampton under the Public Transit Infrastructure Fund (PTIF). The federal government is providing up to 50 per cent of funding for these projects—just over $32.4 million.

The list of projects includes significant investments across the City of Brampton. For example, a project to extend the Züm Bovaird transit service along Airport Road will improve mobility, security and reliability on this important transit corridor. Also, a project to expand the Sandalwood Transit Facility will help support the forecasted growth of transit fleet services and improve service reliability. Other projects include the acquisition of 20 replacement buses and three new articulated buses, and the expansion of the automated vehicle monitoring system to most of Brampton’s transit fleet. In addition, the expansion and replacement of transit shelters will improve accessibility and safety for transit users.

In addition to these projects, Minister Bains and Minister Del Duca also announced that 23 public transit projects will benefit 12 other communities across Ontario.

This investment is part of an agreement between Canada and Ontario for the Public Transit Infrastructure Fund.

Quotes

“The Government of Canada is working closely with the Government of Ontario and municipalities to invest in important transit initiatives that will strengthen communities across Ontario by growing the middle-class, fostering long-term prosperity and getting Canadians to their daily activities on time and home at the end of the day. The six projects announced today will ensure that Brampton has affordable and efficient public transit infrastructure that meets the needs of Canadians now and for generations to come.”
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, on behalf of the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities

“I’m pleased that the federal government will help Ontario and Brampton with our transit needs. This investment will improve transit in and around Brampton and will benefit the entire community. Ontario is committed to providing accessible, modern transit infrastructure that will manage congestion, reduce commute times, create jobs and improve the quality of life for Ontarians.”
– The Honourable Steven Del Duca, Ontario Minister of Transportation

“Public transit is essential for those who work, study, and play in Brampton, as evidenced by our increasing ridership numbers. We are grateful to the Federal and Provincial governments for their investments into expanding Brampton Transit’s services, fleet and infrastructure. This announcement comes at a critical time as Brampton sharpens its focus on urban intensification, attracting industries, a university and preparing for increased jobs and commercial expansion.”
– Her Worship Linda Jeffrey, Mayor of Brampton

Quick Facts


Minister Navdeep Bains announces just over $32.4 million in funding for six newly approved projects that will benefit Brampton under the Public Transit Infrastructure Fund.

Quick Facts

  • This funding is part of the first phase of Investing in Canada, the Government of Canada’s historic plan to support public infrastructure across the country.
  • The Government of Canada will provide more than $180 billion in infrastructure funding over 12 years for public transit, green infrastructure, social infrastructure, transportation that supports trade, and Canada’s rural and northern communities.
  • Since 2004, the Government of Ontario has committed more than $3.7 billion to municipalities across the province through the provincial gas tax program. This funding supports municipal transit systems.
  • The Government of Ontario is making the largest infrastructure investment in hospitals, schools, public transit, roads and bridges in the province’s history. To learn more about what’s happening in your community, go to Ontario.ca/BuildON.

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Backgrounder: Canada and Ontario announce funding for 29 public transit projects across Ontario

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Navdeep Bains$32.4 million investment in Brampton public transit infrastructure

Magellan Aerospace to maintain engines for Canada’s CF-18 Hornets in Mississauga

Maintaining Royal Canadian Air Force Aircraft Engines

February 3, 2017 — Gatineau, Quebec — Government of Canada

The Government of Canada is committed to providing the women and men of the military with the equipment they need to fulfill their important role.

Following an open and transparent competition, the Honourable Judy M. Foote, Minister of Public Services and Procurement, and the Honourable Harjit S. Sajjan, Minister of National Defence, today announced the awarding of a contract of $45 million to StandardAero, of Winnipeg, Manitoba, for the maintenance of T56 engines for Canada’s CP-140 Auroras and CC-130H Hercules aircraft, and a second contract of $45 million to Magellan Aerospace Corporation, of Mississauga, Ontario, for the maintenance of F404 engines for Canada’s CF-18 Hornets.

The government recently announced the way forward in replacing its fleet of CF-18 fighter jets as well as its fixed‑wing search and rescue aircraft. While work continues on securing these replacements, these investments will maintain existing aircraft.

These maintenance contracts are for an initial period of four years and three months. Services will include repair and overhaul of the aircraft engines, the management, coordination and integration of materials and information, as well as engineering work and the management of technical publications.

While these flexible, performance-based contracts have a preliminary value of $45 million, they have been designed to meet the varying needs of the Canadian Armed Forces by allowing for the total contract value to be adjusted each year based on past year expenditures, as well as anticipatory expenditures for the upcoming year.

Following the initial contract period, the companies have the potential to have their contracts extended until the fleets are retired.

These contracts are among the first that reflect a more flexible, cost-effective approach to equipment maintenance and support. Under a recently-established Sustainment Initiative, the government is ensuring that support contracts and programs are flexible enough to respond to changing operational needs, while at the same time delivering best value for money. Improving the cost-effectiveness of equipment support contracts was a principal theme of a recent Auditor General of Canada report tabled last November.

Under Canada’s Industrial and Technological Benefits Policy, both companies are required to invest in the Canadian economy equal to the value of their respective contracts. These investments will include a high level of work performed directly in Canada on the engines and other research and development initiatives. This is expected to create and maintain high-value jobs and economic growth in Canada.

Quotes

These contracts will not only help maintain the Royal Canadian Air Force’s current fleet of aircraft, but will also help grow Canada’s innovative and strong aerospace sector, while providing well-paying jobs for the middle class and those working hard to join it.

The Honourable Judy M. Foote
Minister of Public Services and Procurement

Today’s announcement demonstrates our commitment to ensure that the Royal Canadian Air Force is ready to support the many operations and exercises that contribute to the safety and security of Canadians. These contracts help guarantee our CF-18 fighter jets and fixed-wing search and rescue aircraft can be kept in service while replacement fleets are being provided. They also take care of the maintenance of our long-range patrol aircraft. The contracts are structured to be flexible, performance-based and beneficial to Canada’s economy. They will help the Royal Canadian Air Force meet its operational requirements and address recommendations made by the Auditor General of Canada last fall.

The Honourable Harjit S. Sajja
Minister of National Defence

Through the Industrial and Technological Benefits Policy, Canada gets the economic benefits of investment from winning bidders on defence contracts. By ensuring that these companies put an amount equal of the contract values back into Canada, we are helping to create high-value jobs and giving Canadian aerospace companies great opportunities to grow.

The Honourable Navdeep Bains
Minister of Innovation, Science and Economic Development

Quick Facts

  • The Royal Canadian Air Force employs various aircraft fleets to meet its operational requirements. These aircraft require service on a regular basis, as well as periodic repair and overhaul work.
  • The CP-140 Aurora long-range patrol aircraft was acquired in the early 1980s, primarily for maritime patrol and anti-submarine warfare, and its long endurance has made the aircraft ideal for an evolving variety of missions, from command and control, to intelligence, surveillance and reconnaissance, including surveillance of the Canadian Atlantic, Pacific and Arctic oceans for strike coordination, and search and rescue missions. It also provides vital support to other government agencies in combating illegal immigration, fishing, polluting or drug trafficking, as well as assisting with disaster relief.
  • The CC-130H Hercules were purchased in 1996 and are four-engine fixed-wing turboprop aircraft that can carry up to 78 combat troops. Canada’s Hercules aircraft are used for a wide range of missions, including troop transport, tactical “cargo” airlift search and rescue, and aircrew training. A small number of Canada’s Hercules aircraft are also used for air-to-air refueling.
  • Purchased in the 1980s, the CF-18 Hornet fleet is the Royal Canadian Air Force’s frontline multi-role fighter. The CF-18 is used for air defence, air superiority, tactical support, training, aerobatic demonstration, and aerospace testing and evaluation. Ongoing modernization and upgrade programs are ensuring that the Canadian Armed Forces has an interoperable fighter fleet to deliver its missions.

Associated Links

Canadian Armed Forces to Receive New Search and Rescue Aircraft

Canada announces plan to replace fighter jet fleet

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Navdeep BainsMagellan Aerospace to maintain engines for Canada’s CF-18 Hornets in Mississauga

Attracting global investment to Toronto Region and Mississauga

Governments contribute $19.5 million to attract global investments to Toronto Region

February 3, 2017 – Toronto, Ontario – Federal Economic Development Agency for Southern Ontario (FedDev Ontario)

The Government of Canada, the Government of Ontario, and several municipal governments announced today that they will be providing $19.5 million in funding to create a new agency that aims to increase global investments in the Toronto Region. Up to 500 well-paying, middle-class jobs are expected to be created by December 2018 as a result of these contributions.

The Government of Ontario will invest up to $7.5 million; the Government of Canada, through FedDev Ontario, will contribute $6 million from its Investing in Regional Diversification initiative; and the remaining $6 million will be provided by the cities of Toronto, Mississauga, Brampton, as well as the regional municipalities of Halton, York and Durham.

This investment will establish Toronto Global, an investment-attraction agency representing the entire Toronto Region. The agency will enable the region to remain competitive with other global cities. Toronto Global will promote the region to international investors, leveraging the unique attributes and skilled workforce of the different municipalities in the Toronto Region to attract global investments that drive innovation. This investment will help the Toronto Region continue to be a leader in developing the workforce and economy of the future.

The initiative was announced by the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario; the Honourable Brad Duguid, Ontario’s Minister of Economic Development and Growth; John Tory, Mayor of Toronto; and Bonnie Crombie, Mayor of Mississauga.

The funding will allow new investment-attraction professionals responsible for marketing, outreach, business intelligence, research and investment to identify potential investors. These professionals will provide customized service to global companies interested in making Canada their investment destination of choice.

This initiative is part of the Government of Canada’s Innovation Agenda, a plan to drive economic growth that leads to better skills, jobs and opportunities for all Canadians. It also aligns with a five-year, $218-million federal commitment to increase global investment as part of the Invest in Canada hub, a national investment-attraction agency.

This initiative also builds on the mission of the Government of Ontario’s new Ontario Investment Office, a one-window concierge service to attract new investment to the province. The Ontario Investment Office will work with Toronto Global to coordinate local and international resources in order to grow an effective and efficient economic development organization.

Quotes

“Now is the time for Canada to sharpen its competitive edge by creating global partnerships. Our government is prepared to do its share to encourage international companies to invest in Canada. These investments drive innovation and create more jobs, better opportunities and greater prosperity for the middle class. A new investment hub for the Toronto Region will allow a dedicated sales force to invite more global companies to expand into Canada.”
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister Responsible for the Federal Economic Development Agency for Southern Ontario

“It is imperative for all levels of government to work together to make sure Ontario can compete in a tough global economy. I am excited about what our new Ontario Investment Office and Toronto Global will be able to achieve by working together, alongside municipal and federal partners. Our province has a great story to tell, and this is a terrific initiative to help showcase the incredible investing opportunities this world-class city has to offer to the global investment community.”
– The Honourable Brad Duguid, Ontario Minister of Economic Development and Growth

“The Toronto Region is emerging as a global centre for investment, talent and innovation. Through the leadership and vision of Toronto Global we will send a clear signal to the world: the Toronto Region is open for business. With all three levels of government working together to drive investment and interest in our city and our region, we will open up new opportunities for our residents and our industries.”
– John Tory, Mayor of Toronto

“Toronto Global will help municipalities press ahead with international business attraction and investment efforts. I am confident that with active and leading participation from local governments in Toronto Global, municipalities will generate new investment opportunities that will strengthen local economies.”
– Bonnie Crombie, Mayor of Mississauga

Quick Facts

  • The Toronto Region is the economic engine of Canada. It generates 20 per cent of the country’s GDP and is home to 40 per cent of Canada’s business headquarters.
  • Toronto is the fourth-largest city in North America. It is home to North America’s second-largest financial centre, second-largest food and beverage sector, and third-largest technology cluster.
  • Two existing organizations (Invest Toronto and the Greater Toronto Marketing Alliance) have been merged to create Toronto Global.
  • One in eight jobs in Canada is linked to global investment.
  • Global companies employed two million Canadians in 2013, accounting for 12 per cent of all Canadian jobs and 30 per cent of all manufacturing jobs.

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Navdeep BainsAttracting global investment to Toronto Region and Mississauga