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Canadian Western Bank (CWB) Expands in Ontario with New Location Set to Open in Markham Summer 2022

CWB’s new location in Markham at 7303 Warden Avenue is scheduled to open in Summer 2022. The new banking centre and regional office in Toronto’s Financial District at 141 Adelaide Street West is anticipated to open in Spring 2023.
Laser Clinics Opening in Richmond Hill

Laser Clinics Expands Into Canada With Richmond Hill Location

Owned and operated by KKR, a New York-based private equity firm, Laser Clinics delivered more than three million treatments globally in 2021. The company expects to open more than a dozen clinics in Canada this year with the Richmond Hill location being the first advanced beauty clinic.
Danavation Food

Vaughan-Based Danavation Announces Strategic Partnership with US-Based Profile Systems Design Group for the Marketing of Digital Smart Labels™

PSDG currently manages and runs its TransActPOS software for a total of 274 hardware stores, including select True Value and Do it Best locations. Through this partnership, PSDG intends to broadly market and showcase Danavation’s solutions to its wide-ranging group of retail customers.
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Vaughan Headquartered Zoglo’s Incredible Food Partners with Food Basics and Marche Adonis Supermarket Chains in Ontario & Quebec

Zoglo’s Incredible Food Corp. is a publicly-traded plant-based food company which offers nutrient-rich, plant-based appetizers, veggies, and meat substitutes to fulfill consumers needs for all occasions and cooking requirements.
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Canada’s Wonderland in Vaughan Will Open April 30, Park is Hiring 4,000 Workers

Both seasonal and full-time positions are available.

Benefits include free and unlimited use of the park and water park during off hours, free promotional tickets for friends and family, access to exclusive employee events and activities throughout the season, discounts to partnering Ontario attractions on food, merchandise and more.

Digital Signage Danavation

Vaughan Headquartered Danavation Technologies Confirms Installation of Digital Smart Labels™ into LCBO’s Flagship Store in Downtown Toronto

Danavation Technologies Corp., a Canadian-based Internet of Things (IoT) technology company and provider of micro e-paper displays, announced another installation of our Digital Smart Labels™ into a Liquor Control Board of Ontario location in downtown Toronto, Ontario.
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Markham Headquartered ANTLER Technologies & Start-Up Studio Corp. Partners with Aquatics AI Services Inc. to Offer First Next-Generation of True Commercial Swimming Pool Automation System, POOLPal™

ANTLER and AAIS are forming a strategic partnership to enhance POOLPal™’s features. POOLPal™ is the most advanced industrial-grade machine learning driven platform entering the commercial swimming pool market in North America.
Mustang Silhouette

Markham Headquartered Multimatic and Ford Performance to Develop Mustang GT3 Race Car

The new Mustang effort, announced in advance of this weekend’s Rolex 24 at Daytona, will be a joint program between Ford Performance and long-time racing collaborator Multimatic Motorsports. It will feature both a two-car factory-backed IMSA GTD Pro works team managed by Multimatic, as well as customer Mustangs for the GTD class starting at Daytona in 2024.
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Vaughan Headquartered Fastfrate Establishes First International Office in Chicago, IL

Fastfrate’s Sales and Operations division will work out of the Chicago office while maintaining close ties with Fastfrate’s home base of Woodbridge, Ontario, Canada. Services offered from the Chicago office include, TL and LTL, Intermodal, Air, Expedite, Hot-Shot, Drayage and Warehousing and Distribution.
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Aurora Headquartered Magna News – HASCO Magna eDrives Hit the Market on Volkswagen MEB Platform

The highly integrated eDrive system is specifically optimized for secondary eDrives for electrified vehicles. The system was designed using Magna’s fully integrated, modular and scalable building block approach, resulting in a cost-efficient and highly advanced product that meets the various demands for global application.
ventureLab HCI

York Region’s New Investment Aims to Attract Global Tech Firms and Create New Jobs in the Region

Regional Municipality of York today announced a five-year, $1.5 million investment in ventureLAB’s Hardware Catalyst Initiative – a Canadian lab and incubator for hardware and semiconductor companies. 
Hardware Catalyst Institute

Hardware Catalyst Initiative Lands Further Funding

ventureLAB and the Regional Municipality of York have partnered to expand the Hardware Catalyst Initiative, Canada’s only lab and incubator for hardware and semiconductor companies.
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York Region Invests $1.5M Into Canada’s Only Hardware-Focused Lab and Incubator, Aims to Attract Global Tech Firms

ventureLAB and the Regional Municipality of York have partnered to expand the Hardware Catalyst Initiative, Canada’s only lab and incubator for hardware and semiconductor companies.
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Newmarket Headquartered Dentec Safety Specialists Contracted by the U.S. Government to Manufacture PPE for Distribution to Healthcare Workers in the U.S.

Contracted by the US Government, Dentec Safety received a multimillion-dollar PPE grant as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, a $2 trillion Coronavirus stimulus bill provided by the US Federal Government), and a contract for 125,000 respirators with 500,000 replacement filters for distribution to US healthcare workers.
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Markham Headquartered TeraGo Sells Data Centre Business to Hut 8 Mining

Under the terms of the agreement, consideration payable to TeraGo Inc. will consist of C$30 million, to be funded from existing cash on the Company’s balance sheet. Hut 8 will retain substantially all current Data Center Business employees. The transaction has been approved by the board of directors of Hut 8 and TeraGo and is expected to close in the first quarter of 2022.
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ventureLAB-supported company, Hyivy Health, Secures $1.1M in Pre-Seed Funding

ventureLAB-supported company is developing the first smart, holistic pelvic health rehabilitation product for the one in three women who will develop pelvic health complications in their lifetime.
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Vaughan Headquartered Shimifrez Announces Enhancing Expansion of Services in Super Thin Electroformed Masks for OLED and Semi-Conductor and Thin Film Display Industry

Shimifrez offers a rapid-response service to deliver micro components to several precision industries such as the aerospace/satellite, automotive, telecommunications, micro-electronics and defense sectors.