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York Region Business News (page 13)
York Region Headquartered Magna International to buy Veoneer Active Safety division for $1.5 billion
“This acquisition is consistent with our Go-Forward strategy to accelerate investment in high-growth areas, strengthens our ability to deliver systems solutions to meet customer needs, and positions Magna as a leading full-service ADAS provider,” said Magna CEO Swamy Kotagiri.
Markham Headquartered Iristel Furthers Global Expansion with Service Introduction in Kenya
For this initial rollout of our global expansion, we will provide the capability to purchase SIP trunks, which can be aggregated with our onnet footprint, and DIDs.
Newmarket Startup Accelerator Marks 250 Successful Participants
By the end of the next cohort in March 2023, the Treefrog Accelerator will have supported 300 founders and wants to expand this to help 400 more individuals in the next two years.
York Region Headquartered Magna to Acquire Veoneer Active Safety Business
”This acquisition is consistent with our Go-Forward strategy to accelerate investment in high-growth areas, strengthens our ability to deliver systems solutions to meet customer needs, and positions Magna as a leading full-service ADAS provider,” said Magna CEO Swamy Kotagiri.
Young Aurora Golfer Qualifies for 2023 Finals at The Masters
In 2022, Angelina won over 90 per cent of the tournaments she entered in Ontario and is a two-time U.S. Kids Canadian Local Tour champion and U.S. Kids Canadian Invitational champion.
Markham Headquartered Enghouse Systems to Acquire Qumu Corporation Expanding its SaaS Enterprise Video Offering
Commenting on the acquisition, Steve Sadler, Chairman and CEO at Enghouse, said: “The combination of Qumu’s video creation, management and delivery solutions with Enghouse’s video collaboration and streaming products strengthens the position of both companies in a competitive space.”
ventureLAB Announces the 2022 Winners of the York Region Entrepreneurship and Innovation Fund
ventureLAB, along with York Region, is pleased to announce the winners of both streams of the Entrepreneurship and Innovation Fund…
Canada Supports Economic Growth and Job Creation for Vaughan-Based Aerospace Parts Manufacturer
This will help Dishon Limited expand into new markets like space and electrical aviation. The project is expected to increase revenue by up to $18 million and create 50 new jobs in Vaughan.
IHG Opens Canada’s First Avid Hotel in Vaughan
Nearby attractions include the Vaughan Mills Shopping Centre, Canada’s Wonderland, Wet n’ Wild Waterpark, Legoland Discovery Centre and the Kortright Centre for Conservation.
Newmarket-Based International Safety up for an Ontario Made Award
The Ontario Made Awards are voted on by the consumer and you can vote online until Jan. 8. The winners will be announced in a virtual award ceremony on Feb. 22.
Markham Headquartered Kyndryl Canada and Dyslexia Canada Partner to Focus on Equitable Access to Education for Students
Kyndryl is committed to supporting social and environmental initiatives where they can leverage their people and technology to make the greatest impact.
Newly Opened Wine on Main is Like The ‘Dave & Busters’ of Wine
The new wine bar has a wall of temperature-controlled machines with 24 bottles of wine in there. Customers can fill up a card with a pre-paid amount and insert it into one of the machines and select your bottle and pour size. The wine is then dispensed right into your glass.
Newmarket YouTube Sensation Peter McKinnon Creating Main Street Creators’ Hub
“I like being able to inspire a young generation everywhere. There’s a lot of people around the world who live in small towns like this and I think it’s cool for them to see this successful person who gets to travel the world and do all these cool things but still lives in a town that looks just like theirs.”
Markham District Energy Secures $270M Investment to Expand Clean Energy Service
MDE is a City of Markham-owned thermal energy utility that currently provides services to 13 million square feet and 230 buildings. The investments will help MDE expand its service area, ensuring more buildings can connect to its low-carbon district energy systems. The new infrastructure is expected to reduce 33,700 tonnes of greenhouse gas annually.
Newmarket Pitches future of Town as Arts Hub
“I like the idea of a small town when you’re starting … a small town nobody making it and staying in a small town,” McKinnon said. “I like being able to inspire a younger generation everywhere that there are lots of people around the world that live in small towns like this.”
Business Summit Aims to Propel Newmarket to Next Level
The day was filled with presentations from different key speakers, including Lewis, York University, and local businesses. The summit also featured breakout groups and presentations by students pitching businesses to the gathered crowd.
‘Biggest Musical Acts Ever To Come To Stouffville’: Free Wintersong Tickets Available Dec. 2
The festival is being headlined by Montreal indie-pop band Stars; two-time Juno Award-winning musician Dan Mangan; and 80s new wave/synth-pop band Men Without Hats.
Syntronic Continues Growth in Greater Toronto Area
Syntronic expects continued growth in the Greater Toronto Area with a goal to have a team of more than 100 employees locally within the next two to three years complementing the existing broader Syntronic Canada team of more than 500 employees.
Richmond Hill-Based Container Corporation of Canada Announces the Launch of its Subsidiary Enviroclear® Smartbottle™ Inc. and Enviroclear® Smartbottle™
Enviroclear® Smartbottle™ Inc. is a subsidiary of Container Corporation of Canada founded November 1, 1977. Enviroclear® Smartbottle™Inc. manufactures and distributes Enviroclear® Smartbottle™ in Richmond Hill, Ontario Canada.
Are You Up For The Single-Use Innovation Challenge?
Apply today to the Single-Use Innovation Challenge for a chance to receive up to $20,000 in funding.
Canada Computers Breaks Ground For Its New Corporate Headquarters And Main Distribution Centre in Richmond Hill
The new site at 168 Ultimate Drive is prominently located on 6.28 acres of land in the heart of Richmond Hill, Ontario and will feature a modern, state-of-the-art headquarters facility comprised of more than 151,000 square feet. The facility will also be home to Canada Computers’ main distribution centre that will support its 42 retail locations and future expansions.
Stronach demonstrates his new micro-mobility vehicle
It’s been two years since Frank Stronach started work on his micro-mobility electric vehicle and while it will still take more time before the SARIT (‘Safe Affordable Reliable Innovative Transport’) is out of the prototype phase, that did not stop the Canadian billionaire from showing off two early models at Parliament Hill on Wednesday.
Innovative post-secondary solutions will help solve Canada’s tech-sector skills shortage
Canada is facing a digital skills shortage that, if left unaddressed, will present a major barrier to business growth across all sectors and industries. As corporate leaders continue facing difficulties recruiting and retaining tech talent, universities in Canada can play a vital role in leading the development and implementation of innovative post-secondary solutions that address existing human resources gaps.
SHEIN Opens 170,000 sq ft. Warehouse and Office in Markham
SHEIN is a global fashion and lifestyle e-retailer committed to making the beauty of fashion accessible to all. We use on-demand manufacturing technology to connect suppliers to our agile supply chain, reducing inventory waste and enabling us to deliver a variety of affordable products to customers around the world.
Richmond Hill Headquartered Newegg Brings Affirm’s Flexible Payment Options to Canada
Eligible customers can now use Affirm to pay over time for their purchases on Newegg.ca. Newegg has been offering Affirm to its U.S. customers since 2021.
Richmond Hill Headquartered COMsolve Selected As A Next Generation 9-1-1 (NG9-1-1) Consultant By One of Canada’s Largest Public Safety Answering Points (PSAPs)
COMsolve’s auditing of existing infrastructure and structured cabling capabilities, along with our handheld process for NG9-1-1 implementation, qualify us to support small to large PSAPs, and small to large telecommunication providers.
SolidXperts Expands Into Markham
The expansion, the company says, was the collective result of both the acquisition of CATIA reseller, AscendBridge, in 2019 and extended negotiations with Dassault to allow SolidXperts to expand its territory beyond Quebec and the north eastern U.S.
Markham Headquartered Multimatic Named ‘Business of the Year’ by Motorsport Industry Association
Multimatic Motorsports is celebrating 30 years of on-track success in 2022. For three decades, the company has designed and built championship-winning race cars for both factory and customer programmes.
Grand Opening: Acclaimed Chef Vikram Vij partners with Eat Up Canada to open first Bombay Frankies location in East Gwillimbury
Vij, a famed restaurateur, cookbook author and TV personality, oversaw development and testing of the Bombay Frankie menu, inputting his unique spin on some of his favourite frankie roll flavour combinations.