Canada''s Automotive Suppliers are Building the Cars of the Future Through Innovative Engineering

$3 million will support innovation in Canada's automotive supply chain

ID: 1455445
recent pressrelease next pressrelease

(businesspress24) - MARKHAM, ONTARIO -- (Marketwired) -- 08/31/16 -- Canada has set an all-time record by selling nearly 1.9 million new cars, light trucks and SUVs over the last year, and everyone has taken notice. Auto production is a huge driver of economic success for Canadians, which is why the Government of Canada is investing in new technologies ranging from early stage development to those available in the global automotive marketplace.

Thanks to nearly $3 million in funding from the Government of Canada for four projects, Canadians who design and manufacture auto parts for the cars of the future will benefit from new skills, knowledge and business expertise that create well-paying, middle-class jobs.

The funding, provided under the will also enable businesses in the sector to develop new technologies and get their products to market faster and more efficiently.

The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, made the announcement at Bluewrist Inc., a developer of robotics systems based in Markham, Ontario. The company will receive a contribution of up to $821,445 to develop an innovative scanning inspection system that will be five times faster than existing technologies. The inspection system will increase quality-control capabilities for auto-parts manufacturers, while reducing waste and saving energy.

The other companies that have received funding include:

Quote

"These projects illustrate how Canada''s automotive suppliers are at the forefront of designing and building the super-efficient cars of the future-cars that are more energy-efficient and better for the environment. The made-in-Canada innovations that come from these companies strengthen the skills, knowledge and business expertise that create well-paying jobs for Canadians. These innovations make our country''s automotive sector a global success."

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

"The Automotive Supplier Innovation Program helps Canada''s automotive suppliers gain a competitive global edge through new innovative products and processes and next-generation technologies. Through ASIP, Canadian suppliers can drive ground-breaking technologies and generate jobs, economic growth and prosperity."

- The Honourable John McCallum, Minister of Immigration, Refugees and Citizenship

Quick facts

Related product

Follow Minister Bains on social media.

Twitter:

Contacts:


Philip Proulx
Press Secretary
Office of the Minister of Innovation,
Science and Economic Development
343-291-2500

Media Relations
Innovation, Science and
Economic Development Canada
343-291-1777



More information:
http://www.shipfinance.bm/ http://www.archiware.com http://www.diamondhotel.com/news http://www.golarlng.com/ http://www.schaefer-additivsysteme.de https://www.ic.gc.ca/



Keywords (optional):

innovation, science-and-economic-development-canada,



Company information / Profile:

PressRelease by

Requests:



PressContact / Agency:



published by: Marketwired
print pressrelease  send to a friend  

Date: 08/31/2016 - 08:43
Language: English
News-ID 1455445
Character count: 752
Kontakt-Informationen:
Firma: Innovation, Science and Economic Development Canada
Ansprechpartner: Feedback to businesspress24.com about Pressrelease-id:
Stadt: MARKHAM, ONTARIO
Telefon:

Meldungsart:
Versandart:
Freigabedatum:
Comments:



Number of hits: 202

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 9 432
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 96


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.