Waterloo Region and Brant County Businesses Given $40.5M in Tariff Support
The money will help 23 companies expand manufacturing, diversify supply chains and develop defence, security and artificial intelligence technologies, officials said.
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New $40M federal investment will strengthen tech businesses in Waterloo region
An investment of nearly $40.5 million from the federal government will be split up between 23 businesses across Waterloo and Brant regions. The announcement was made in Kitchener on Thursday by Evan Solomon, the federal minister of artificial intelligence and digital innovation.
Cdn. government invests nearly $40.5M in Waterloo, Ont. and Brant, Ont.-area businesses
KITCHENER — On Jul. 23, Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), Bardish Chagger, Member of Parliament for Waterloo, and Tim Louis, Member of Parliament for Kitchener—Conestoga, announced a combined investment of nearly $40.5 million through the Regional Tariff Response Initiative and the Regional Defence In…
Federal Government Investing Over $40 Million In 23 Waterloo And Brant Region Organizations
July 23, 2026, Kitchener, Ont. — The federal government has announced a combined investment of nearly $40.5 million for 23 Waterloo and Brant region businesses and organizations. The funding was announced by Evan Solomon, minister of artificial intelligence and digital innovation and minister responsible for FedDev Ontario, Bardish Chagger, member of parliament for Waterloo and Tim Louis, parliamentary secretary to the president of the King’s Pr…
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