FedDev Ontario

Federal Economic Development Agency for Southern Ontario (FedDev Ontario)

In response to Ontario's economic challenges, Budget 2009 provided more than $1 billion over five years for a new Southern Ontario development agency. The agency's programs will support economic and community development, innovation, and economic diversification, with contributions to communities, businesses and non-profit organizations. It will help workers, communities and businesses in southern Ontario position themselves to take advantage of opportunities, as economic growth recovers in Canada and around the world.

What's New

• Minister Gary Goodyear delivers keynote speech to the Economic Club of Canada. Watch the full video here.
• Businesses in communities across southern Ontario will have more opportunities to conduct research, develop new products and bring new ideas to market thanks to a new investment from the Government of Canada.
• Highly-skilled workers, top students and researchers will have the chance to apply their ideas and knowledge to southern Ontario businesses and industry sectors, as a result of a new Government of Canada investment in MITACS Inc.
• The Honda Indy Toronto will receive a facelift thanks to a federal investment for infrastructure and safety enhancements.
• Residents in the Cambridge area will benefit from an investment of more than $4.9 million for Langs Farm Village Association to build a multi-purpose wellness centre