In 2021, ventureLAB enabled tech companies to create over 400 new jobs and raise more than $116 million in capital.

York Region Business News (page 2)
Vaughan Headquartered Kontrol Technologies to Deliver Energy Management Technology for Leading Canadian REIT
The Canadian REIT has more than $10 billion in assets under management across North America and hundreds of commercial buildings. The additional technology is intended to provide greater real-time control, analytics, and performance monitoring in 11 new buildings spanning an aggregate of approximately 2,750,000 square feet of commercial real estate.
California Department of Transportation Selects Markham Headquartered Enghouse Transit
The California Department of General Services issued a Notice of Intent to Award to Enghouse Transportation to provide software to enable California transit users to pay fares using an open-loop system.
Top Oil & Gas Exploration Company in Vietnam Selects Markham Headquartered Redline Communications’ Virtual Fiber Solution
Redline’s award winning RDL-3000 Virtual Fiber® solution will be deployed to connect nine remote oil and gas exploration and production fields in the South China Sea.
Business with Richmond Hill distribution centre wins an ‘Ontario Made’ award
A company with its distribution centre in Richmond Hill won an award for merchandizing excellence in the inaugural Canadian Manufacturers and Exporters’ Ontario Made Awards.
Scottie Barnes Teams with Skilled Trades College of Canada in Vaughan to Provide Scholarships for Black and Indigenous Students
STC and Barnes have plans to award four scholarships annually over the next three years. Students awarded scholarships will be eligible to become an apprentice in their trade of choice and their scholarship will cover not only their full tuition, but all learning materials including tools and textbooks.
Markham Headquartered Pet Valu Announces Acquisition of Chico, Québec’s Largest Pet Specialty Franchisor
Pet Valu Holdings Ltd., the leading Canadian specialty retailer of pet food and pet-related supplies, today announced its entry into the Québec market with the acquisition of Les Franchises Chico Inc.
Governments Helping Workers Start Careers in the Agri-food Sector
The governments of Canada and Ontario are investing up to $4 million to help build a strong and competitive agri-food workforce that will ensure people can continue to access the safe and healthy food grown and made in Ontario.
Markham Headquartered Multimatic Added as Technical Partner to James Roe’s Indy Lights Program
Multimatic will supply engineering support to Roe’s #12 Indy Lights machine for the duration of the coming season. Multimatic branding will feature on the Irish driver’s car, driver suit and team wear.
Celebrating Canada’s Agriculture Day
From the rich soil of the Holland Marsh to a diverse mix of food and beverage businesses, York Region’s agri-food sector is a key economic driver and grows when we all support local.
Need Sweets Stat? Cake Medic in East Gwillimbury Ready to Respond
With trepidation, Alibhai gave it shot — setting up his own Instagram and Facebook page, Cake Medic. And now, that little hobby to “kill time” has risen to become a thriving home-based business.
York Region Business Update // February 2022
York Region Economic Development’s monthly e-newsletter shares highlights and news from the business community, small business supports, events, economic data, and more. Check out the February edition now!
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 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.
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.
Markham-Based Xplornet Helping Rural Communities in Canada Stay Connected
This announcement builds on Xplornet’s commitment to invest $500 million by 2025 to deploy state-of-the-art scalable fibre and 5G fixed wireless technology in its facilities-based network to meet the needs of rural Canadians today and in the future.
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.
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.
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.
Vaughan Headquartered Revolution Capital Gains Foothold in Southern US With New Texas Office
The Texas office will not only increase Revolution Capital’s reach and presence in key markets, but it also provides small businesses with a superior alternative for securing flexible access to capital.
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.
High QA Brings Revolutionary QMS Into Canada With Opening of New Office In Richmond Hill
High QA® announced the opening of an office in Richmond Hill, York Region, to accommodate continued growth in Canada and leverage the area’s diverse manufacturing talent pool.
Markham-Based WSP to Design Union Station Enhancement Project
The Union Station Enhancement Project will create the additional infrastructure needed to deliver two-way, all-day service every 15 minutes throughout key segments of the GO rail corridor. Construction is expected to begin early this year and to be completed in fall of 2025.
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.
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.
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.
York Region Business Update // January 2022
York Region Economic Development’s monthly e-newsletter shares highlights and news from the business community, small business supports, events, economic data, and more. Check out the January edition now!
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.
Markham Headquartered Redline Communications Grows Strategic Partnerships with Multiple Service Providers Enterprises and Remote Regions in Middle East
These partnerships provide advanced connectivity solutions for more than 100 enterprises in the Middle East, including in Oman and the United Arab Emirates.
Construction Moving Along at ‘State-of-the Art’ King Animal Hospital
A state-of-the-art facility is coming to King City. The King Animal Hospital in King City is expected to open its doors early next year.