AMP-ing up Ontario: Ontario gov. invests $10 million into auto sector innovation program
Toronto, Ontario — The provincial government has announced that they are pumping $10 million into the Ontario Automotive Modernization Program (O-AMP) to help give a kickstart to Canada’s recovering automotive supply chain. “The strength, innovation and quality of our automotive supply chain has been essential in attracting almost $6 billion in new vehicle assembly investments […]
Step Up for Safety: Transport Canada announces $12 million in funding for road safety projects
Ottawa, Ontario — Canada’s Minister of Transportation, Omar Alghabra, announced a call for proposals on Friday offering up to $12 million in funding for initiatives that help promote road and vehicle safety. According to the Enhanced Road Safety Transfer Payment Program, the government will be distributing funds to organizations who develop projects that promote road […]
Leap of Faith: Toronto start-up AutoLeap receives $8 million in funding
Toronto, Ontario — The round was led by Threshold Ventures, with participation from Maple VC, Global Founders Capital, Codename Ventures, and former NFL and San Francisco 49ers legend Joe Montana, through his venture capital firm Liquid2 Ventures. “Replacing software is a root canal and a half for a small business owner,” said Autoleap co-founder, Rameez […]
CSN makes a wish come true for a deserving boy at 12th annual golf tournament
Milton, Ontario — June 6, 2018 — CSN Collision Centres held its 12th annual golf tournament at Piper’s Heath Golf Club in Milton, Ontario on Tuesday, June 5, 2018. Every year CSN shops, insurance and vendor partners meet for a day on the course to raise money for Make-A-Wish Canada. “Our tournament is […]
Coates Foundation funds new awards for B.C autobody students
By CRM Staff Abbotsford, British Columbia — June 8, 2018 — The Ed Coates Memorial Foundation has announced the creation and funding of new leadership awards for automotive students at the University of Fraser Valley, in Abbotsford, B.C. The Foundation has donated $37,500 to fund these awards, the largest amount it has given to […]
Government drops $11 million to expand Tesla supplier Verbom in Quebec
By CRM Staff Sherbrooke, Quebec — May 9, 2018 — The federal and provincial governments have teamed up to contribute $11 million toward an expansion that will increase production for Verbom, a Tesla supplier located in Quebec. “By integrating new technology into its aluminum parts production line, Verbom has built a reputation for […]