Government of Canada Invests to Bring High-Speed Internet to 144 More Households in Markham and Stouffville

Helena Jaczek, Member of Parliament for Markham–Stouffville, on behalf of the Honourable Maryam Monsef, Minister for Women and Gender Equality and Rural Economic Development, announced just under $125,000 in funding for Bell to bring high-speed Internet to rural residents of Lemonville and Locust Hill.
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York Region Companies Turning to Online World to Cope With COVID-19 Crunch

Running Hutchings Farm provides enough work for her and her husband, Kevin, without the added task of bringing their farm store online. Business is busiest in summer and at Christmas, but come January, February and March, sales drop.
Computer Chip

H.I.G. Capital closes US $172M acquisition of Markham Headquartered SMTC Corporation

H.I.G. Capital has completed previously announced acquisition of SMTC Corporation (NASDAQ: SMTX) for US $6.044 in cash for aggregate consideration of approximately US $172 million. SMTC Corporation’s common stock (SMTX) will cease trading on the Nasdaq exchange.

Government Announces Extension of Canada Emergency Business Account to Help Small Businesses

The Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, and the Minister of Small Business, Export Promotion and International Trade, the Honourable Mary Ng, announced that the deadline for new Canada Emergency Business Account (CEBA) applications is being extended from March 31 to June 30, 2021.

Vaughan Headquartered Kontrol Technologies Teams up with Canadian Sport Institute Pacific to Help Protect Canada’s Olympic and Paralympic Hopefuls with their Safe Space Technology

Kontrol Technologies Corp. announces that Canadian Sport Institute Pacific (CSI Pacific) is teaming up with Kontrol BioCloud to operate its Safe Space Technology™ in the National Team Training environment.
Yonge Subway Extension

York Region Welcomes Progress for Yonge North Subway Extension Project

Today, the Province of Ontario, through Metrolinx, released the Yonge North Subway Extension Initial Business Case, advancing the project to the next stage of preliminary engineering and design.
Yonge Subway Extension

Ontario Continues to Move Forward with Yonge North Subway Extension

The Ontario government is moving to the next stage of planning for the Yonge North Subway Extension as part of its commitment to build a modern and reliable transit system for the Greater Toronto Area.
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York Region Business Update // March 2021

York Region Economic Development’s monthly e-newsletter shares highlights and news from the business community, small business supports, events, economic data, and more.

Success Story: Whole Family Health Food

Whole Family Health Food is a community-focused health food store in Georgina, Ontario, offering vitamins minerals, herbs, specialty, grocery, natural body care, and even a section for pets. Watch and learn how the York Small Business Enterprise Centre supported their…

Markham Headquartered Dealer-FX Acquired by Snap-on

Snap-on Incorporated, a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information, and systems solutions for professional users performing critical tasks, today announced that it has acquired Dealer-FX Group, Inc., based in Markham, Ontario, for approximately $200 million in cash.